Travel Nurse Pay in Waterloo, Iowa: 2026 Cost of Living & GSA Rates
Economic analysis: GSA housing caps, average rent, and profitability verdict for travel nurses in Waterloo.
Data reviewed July 3, 2026 · 50 states, 221 cities, FY2026 GSA rates
Pay and rent figures on this page are our own editorial estimates, reviewed July 31, 2026 — not survey or government wage data. How we produce these numbers.
Economics Verdict
Ceiling Covers Rent: Waterloo Travel Nursing
GSA Housing Cap (Weekly)
$791/wk
≈ $3,425/mo
Avg Rent (1BR)
$1,000/mo
Margin
$2,425/mo
Even the lowest GSA rate is 3.4x average 1BR rent
Judged on the lowest GSA rate of the year, not the peak. A ceiling is the most a tax-free housing stipend can be, not what an offer pays, and it is not extra pocket money: a stipend is meant to reimburse real lodging costs for a traveler with a valid tax home.
How the numbers here are checked
Tax figures are computed from published IRS and SSA sources and per diem from GSA, each carrying a citation and a retrieval date; our build fails if any loses one. Pay, rent and cost-of-living figures are our own editorial estimates. This page has not been reviewed by a licensed professional — see our methodology, and consult a CPA about your own situation.
Travel Nurse Pay Breakdown
Estimate your take-home pay, taxes, and blended rate in seconds.
Federal tax applies to wages after the $16,100 standard deduction; FICA applies to all wages. Tax-free stipends are excluded from both.
Same-state assignment — you file one resident return in your home state.
State income tax not included
We do not yet have a sourced bracket schedule for this state, so we are not estimating its income tax. A wrong state figure is worse than none. Federal and FICA figures above are complete and sourced; your true net pay will be lower than gross by more than the amounts shown, so the take-home figures on this page are labelled "before state tax" rather than presented as final net pay.
Overtime (Optional)
Blended Hourly Rate
$75.19
Based on 36 hours in IA.
Gross Weekly Pay
$2,707
Taxable Weekly Income
$1,440
Estimated Weekly Taxes
$257
Federal + FICA only; state income tax not included
Net Before State Tax
$2,450
After federal + FICA; your state tax will lower this
Assignment Projections
13-Week Assignment
$31,848
Net before state tax
26-Week Assignment
$63,696
Net before state tax
Annual (52 weeks)
$127,392
Net before state tax
Take Home vs Taxes
Before state tax
$2,450
per week
Federal + FICA
$257
per week
Total Gross: $2,707 per week
🏠 Housing Stipend Analysis
Your Weekly Housing Stipend
$791
≈ $3,425/month
Est. 1BR Rent in Waterloo
$1,000
Monthly average
✅ Potential Tax-Free Pocket Money
+$2,425
Your stipend covers rent with $2,425 left over each month.
Find apartments under $1,000/month in Waterloo:
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Staff vs. Travel Nurse in Waterloo, Iowa
An annual take-home comparison under stated assumptions. Change any input to match your own offers.
Staff Nurse
Weekly Gross
$1,044
Weekly Take-Home (before state income tax)
$881
Annual Take-Home (before state income tax) (52 weeks)
$45,800
Travel Nurse
Weekly Gross (incl. stipends)
$2,707
Weekly Take-Home (before state income tax) (while working)
$2,464
Annual Take-Home (before state income tax) (48 weeks)
$118,272
Under these assumptions, the travel contract nets $72,472 more per year
Travel is counted for 48 weeks and staff for 52, so the weekly gap while working is $1,583 in travel's favor.
How this is calculated: single filer, 2026 federal brackets and standard deduction (IRS Rev. Proc. 2025-32) and FICA (SSA). Only the taxable wage is taxed; stipends are treated as tax-free, which requires a valid tax home. State income tax is not included on either side because it depends on your tax home as well as the assignment state; the Pay Calculator handles that where we have a sourced schedule.
Assumptions: the travel taxable rate is our editorial estimate for this place, the stipend is the GSA lodging plus meals-and-incidentals ceiling (the most a stipend can be, so real offers are often lower), and the staff rate is an editorial estimate relative to the travel rate. All are editable under "Customize & Detail". Staff benefits (health insurance, retirement match, paid leave) and travel costs (a second household, licensing, gaps between contracts) are not valued.
Want a detailed breakdown customized for your situation?
Travel Nurse Pay in Waterloo
Average Hourly Rate
$40/hr
Average Weekly Pay
$1,600
GSA Lodging Rate
$113/night
GSA Meal Rate (M&IE)
$68/day
Cost of Living in Waterloo
Cost of Living Index
95 (Below National Average)
Studio
$800/mo
1 Bedroom
$1000/mo
2 Bedroom
$1300/mo
Does the Stipend Cover Rent in Waterloo?
GSA's lodging ceiling for Waterloo does not change by season: $113/night all year.
| Period | GSA lodging | Weekly ceiling | Monthly ceiling | vs $1,000 rent |
|---|---|---|---|---|
| All year | $113/night | $791 | $3,425 | +$2,425/mo |
Source: GSA FY2027 per diem rates, converted at 4.33 weeks per month. Rent is our editorial one-bedroom estimate, not a listings survey. See the full month-by-month schedule on the Waterloo GSA rates page, or test an actual offer in the stipend calculator.
How Waterloo Compares in Iowa
- Estimated taxable pay: tied for 2nd highest of 3 tracked Iowa cities ($40/hr, editorial estimate).
- GSA lodging ceiling (annual peak): tied for 1st highest of 3 ($113/night).
- One-bedroom rent: tied for 1st lowest of 3 ($1,000/mo, editorial estimate).
Other Iowa cities: Council Bluffs, Iowa City. State overview: Iowa travel nurse pay.
Top Hospitals in Waterloo
- 🏥 Waterloo Regional Medical
- 🏥 Waterloo General Hospital
- 🏥 Community Health Waterloo
Specialty Pay in Waterloo
Estimated hourly rates for the specialties most in demand here. Click any specialty for certifications, demand and national pay detail.
Frequently Asked Questions
How much do travel nurses make in Waterloo, Iowa?
Travel nurses in Waterloo typically earn between $35 and $50 per hour in taxable wages, with an average of $40/hr. When including tax-free stipends, the blended hourly rate ranges from $45-60 per hour.
What are the GSA rates for Waterloo, Iowa?
The GSA per diem rates for Waterloo are: Lodging: $113/night, and Meals & Incidental Expenses (M&IE): $68/day — GSA publishes M&IE as a single combined rate, not a separate incidentals figure. These rates determine the maximum tax-free stipend amounts travel nurses can receive. For official rates, visit [GSA.gov](https://www.gsa.gov/travel/plan-book/per-diem-rates).
What is the cost of living in Waterloo?
The cost of living index in Waterloo is 95, which is below the national average. Average rent ranges from $800 for a studio to $1300 for a two-bedroom apartment.
Does the GSA housing stipend cover rent in Waterloo?
GSA's lodging ceiling for Waterloo is $113/night all year, about $3,425/month. Against our editorial one-bedroom estimate of $1,000/month, that is $2,425 a month. A ceiling is the most a stipend can be, not what an offer pays, so check the offer's actual stipend.
What hospitals hire travel nurses in Waterloo?
Top hospitals in Waterloo that frequently hire travel nurses include Waterloo Regional Medical, Waterloo General Hospital, Community Health Waterloo, and others. These facilities offer competitive pay rates and excellent working conditions for travel nurses.
What specialties are in demand in Waterloo?
The most in-demand specialties for travel nurses in Waterloo include Med-Surg, ER, ICU. These specialties typically offer higher pay rates and more contract opportunities.