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Erie vs Waterloo

Metro-area medians — Erie, PA Metro Area vs Waterloo-Cedar Falls, IA Metro Area — not the cities proper.

Waterloo comes out ahead, winning 6 of the 9 clearly-decided measures.

Waterloo is both cheaper to live in (about 4% less) and higher-earning (about 14% more) than Erie. Adjusted for local prices, a typical paycheck stretches further in Waterloo.

Their widest everyday difference: Erie has cleaner air on a typical day — a median AQI of 38 versus 48.

For your salary & household

Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.

Erie, PA
$59,011
take-home / yr · 21% to tax
$64,883
real value after local prices
Waterloo, IA
$58,464
take-home / yr · 22% to tax
$67,155
real value after local prices

On $75,000 for just you, Waterloo leaves you about $2,273/yr better off after tax and local prices.

Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.

Measure
Erie
Waterloo
Livability (CityLedger)
41/100
56/100
Cost of living (price level, US = 100)
91.0
87.1
Cost-adjusted income (pay's real value)
$69,623
$83,143
Median household income
$63,322
$72,382
Median rent
$888/mo
$1,047/mo
Median home value
$200,000
$212,400
Unemployment
4.5%
4.2%
Bachelor's degree or higher
31.1%
32%
Average commute
19.6 min
16.5 min
Air quality (median AQI)
38
48
Avg temperature
51°F
49°F

Choose Erie for

  • + Median rent
  • + Median home value
  • + Air quality (median AQI)
Full Erie profile →

Choose Waterloo for

  • + Livability (CityLedger)
  • + Cost of living (price level, US = 100)
  • + Cost-adjusted income (pay's real value)
  • + Median household income
  • + Unemployment
  • + Average commute
Full Waterloo profile →

More comparisons

Metros closest to Erie and Waterloo on cost, income, size, and education.

Erie vs Waterloo — frequently asked

Is Erie cheaper than Waterloo?
Waterloo is cheaper: its overall cost of living runs about 4% below Erie's (BEA Regional Price Parities).
Which has higher household income, Erie or Waterloo?
Waterloo has the higher median household income — $72,382 versus $63,322 (U.S. Census Bureau, ACS), about 14% more.
Does a paycheck go further in Erie or Waterloo?
A paycheck stretches further in Waterloo. Adjusted for local prices, the median income is worth $83,143 there versus $69,623 in Erie.
Which has cheaper rent, Erie or Waterloo?
Erie has cheaper rent — a median of $888/mo versus $1,047/mo (U.S. Census Bureau, ACS).