Can A Chef Afford Rent in Waterloo, IA?

Comfortably affordable — rent takes 18.3% of gross income.

Waterloo rent: June 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Waterloo median rent
$898/mo
Chef salary (Iowa)
$59,018/yr
Rent as % of income
18.3%
Gross monthly income works out to about $4,918, and the 30% rule supports up to $1,475/mo in rent. Waterloo's median rent of $898 leaves roughly $577/mo of headroom under that threshold. A chef works roughly 31.6 hours a month to cover that rent.

About rent and a chef salary

Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.

Cheaper rent nearby

These Iowa cities have lower median rent than Waterloo, which improves the affordability math on a chef salary:

Cedar Rapids, IA
$897/mo (18.2% of income)
Marshalltown, IA
$893/mo (18.2% of income)
Newton, IA
$887/mo (18% of income)

Compare with full rent data for Waterloo

View full rent data for Waterloo, IA

Frequently asked questions

Can a chef afford rent in Waterloo, IA?

Median rent in Waterloo is $898 a month. A typical chef in Iowa earns about $59,018 a year, which makes that rent 18.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a chef afford in Waterloo?

Using the 30% rule, a chef salary in Iowa (~$59,018/yr) supports up to $1,475 a month in rent. Waterloo's current median rent is $898/mo, which leaves a $577/mo buffer.

How many hours does a chef work to cover rent in Waterloo?

At an hourly equivalent of about $28 an hour, a chef in Iowa works roughly 31.6 hours a month to cover Waterloo's median rent of $898.

Where is rent cheaper than Waterloo for a chef?

Nearby Iowa cities with lower median rent include Cedar Rapids ($897/mo), Marshalltown ($893/mo), Newton ($887/mo). Each shifts the affordability math materially on a chef salary.

Methodology: Salary uses the BLS-derived Iowa state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Waterloo, IA. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.