Overall
- Waterloo-Cedar Falls
- 87.1
- Florence
- 86.8
Diff -0.3 RPP
Waterloo-Cedar Falls vs Florence
Cost of living comparison based on BEA Regional Price Parities. Florence is 0.3% less expensive than Waterloo-Cedar Falls.
0.3% less expensive
Florence, SC is 0.3% less expensive than Waterloo-Cedar Falls, IA on BEA Regional Price Parities (overall RPP 86.8 vs 87.1). A $100,000 salary in Waterloo-Cedar Falls buys about the same as $99,675 in Florence; the largest component gap is rents.
- Overall RPP 87.1 (Waterloo-Cedar Falls) vs 86.8 (Florence)
- $100k in Waterloo-Cedar Falls ≈ $99,675 purchasing power in Florence
- Rents drives the gap (-10.7 RPP points)
RPP parity plate
Pair IA:SC 87.1→86.8
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE IA × SC
- SPLIT-BUDGET Split budget
- BOTH-BELOW Both below 100
- PP-PAR PP near-par
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
Waterloo-Cedar Falls
87.1
Cost Index
Florence
86.8
Cost Index
What This Comparison Actually Tells You
Waterloo-Cedar Falls, IA and Florence, SC are a photo finish on overall price level, only 0.3 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Rents creates the largest separation: Florence is 10.7 points lower. But services and goods move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Waterloo-Cedar Falls corresponds to $99,675 in Florence.
Category Breakdown
Goods
- Waterloo-Cedar Falls
- 93.7
- Florence
- 96.3
Diff +2.6 RPP
Services
- Waterloo-Cedar Falls
- 83.7
- Florence
- 87.7
Diff +4.1 RPP
Rents
- Waterloo-Cedar Falls
- 63.1
- Florence
- 52.4
Diff -10.7 RPP
| Category | Waterloo-Cedar Falls | Florence | Difference |
|---|---|---|---|
| Overall | 87.1 | 86.8 | -0.3 |
| Goods | 93.7 | 96.3 | +2.6 |
| Services | 83.7 | 87.7 | +4.1 |
| Rents | 63.1 | 52.4 | -10.7 |
Visual Comparison
Overall
Waterloo-Cedar Falls 87.1
Florence 86.8
Goods
Waterloo-Cedar Falls 93.7
Florence 96.3
Services
Waterloo-Cedar Falls 83.7
Florence 87.7
Rents
Waterloo-Cedar Falls 63.1
Florence 52.4
Vertical line = national average (100)
Salary Equivalents
What a salary in Waterloo-Cedar Falls would need to be in Florence for the same purchasing power:
| In Waterloo-Cedar Falls | In Florence | Difference |
|---|---|---|
| $50,000 | $49,837 | $-163 |
| $75,000 | $74,756 | $-244 |
| $100,000 | $99,675 | $-325 |
| $150,000 | $149,512 | $-488 |
$ in Waterloo-Cedar Falls = in Florence
Same BEA Regional Price Parity ratio as the table above (87.1 → 86.8), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Florence more expensive than Waterloo-Cedar Falls?
Florence is 0.3% less expensive than Waterloo-Cedar Falls. The overall cost index is 86.8 vs 87.1 (national average = 100).
What salary in Florence equals $100K in Waterloo-Cedar Falls?
A $100,000 salary in Waterloo-Cedar Falls has the same purchasing power as $99,675 in Florence. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Waterloo-Cedar Falls and Florence?
Rents in Waterloo-Cedar Falls are indexed at 63.1 while Florence is at 52.4 (national average = 100). Waterloo-Cedar Falls has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.