Salary comparison
Laborers and Freight, Stock, and Material Movers, Hand: Waterloo vs Minneapolis
Waterloo, IA pays about 0.3% more for laborers and freight, stock, and material movers, hand on paper — $47,440 vs $47,320. But once you factor in what it costs to live there, Waterloo comes out ahead by $120 a year in real buying power.
Waterloo, IA
$47,440
$42,460
$47,610
$22.81
100
$47,440/yr
Median adjusted for local cost of living.
Minneapolis, MN
$47,320
$39,960
$55,940
$22.75
100
$47,320/yr
Median adjusted for local cost of living.
What the numbers mean in practice
The headline gap is $120 a year (0.3%) in favor of Waterloo. That is the raw salary difference before any living costs.
Waterloo runs a cost index of 100 against the national baseline of 100; Minneapolis sits at 100. After adjusting the median for those costs, Waterloo is the better deal by $120 a year — that is what each paycheck actually buys locally.
If you are weighing a move from Minneapolis to Waterloo for this role, the raise needs to beat 0.3% to come out ahead after living costs. Anything below that and you are earning more on paper but keeping less.
Common questions
Where do laborers and freight, stock, and material movers, hand earn more, Waterloo or Minneapolis?
Waterloo pays $47,440 on median — about 0.3% more than Minneapolis ($47,320). Based on BLS Occupational Employment and Wage Statistics.
Which city is the better deal after living costs?
Waterloo. Once you divide each median by the local cost index, Waterloo gives you roughly$47,440 of real buying power versus $47,320 in the other city.