Waterman cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexWatermanIllinoisNational
Cost of living index9398100
IndexWatermanIllinoisNational
Goods & Services index9698100
Groceries index9497100
Health care index105100100
Housing index8395100
Transportation index109112100
Utilities index9097100
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Did you know?

  • The cost of living in Waterman is 6% lower than the Illinois average.
  • The cost of living in Waterman is 7% lower than the national average.
  • The cost of housing in Waterman is 17% lower than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 123% higher than the national average.

Compare Waterman, IL Cost of living To Other Cities

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$79,732$6,644$1,860$2,392
      Renters$44,583$3,715$1,040$1,338

      Illinois Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Illinois6.25%10.25%

      Illinois Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Illinois4.95%4.95%

      Goods & Services

      ItemWatermanNational avg.Difference
      Haircut $16.10$17.497.9%
      Beauty Salon $32.29$38.1715.4%
      Toothpaste $1.83$2.3221.2%
      Shampoo $1.03$1.011.8%
      Movie $11.59$10.728.1%
      Bowling $12.83$13.867.4%

      Groceries

      ItemWatermanNational avg.Difference
      Ground Beef $3.91$3.900.3%
      Fried Chicken $1.49$1.406.8%
      Milk $1.84$1.966.2%
      Potatoes $3.23$3.181.5%
      Pizza $10.49$10.390.9%
      Beer $8.01$9.2313.2%

      Health Care

      ItemWatermanNational avg.Difference
      Optometrist $70.14$106.3434.0%
      Doctor $151.00$115.2531.0%
      Dentist $96.67$98.381.7%
      Ibuprofen $9.74$9.265.2%
      Lipitor $472.83$466.471.4%

      Housing

      ItemWatermanNational avg.Difference
      Home Price $152,900.00$184,700.0017.2%
      Avg. Mortgage Payment $833.50$1,273.3234.5%
      Apartment Rent $800.00$949.0015.7%

      Transportation

      ItemWatermanNational avg.Difference
      Gasoline $2.94$2.5913.6%
      Tire Balancing $51.17$48.904.7%

      Utilities

      ItemWatermanNational avg.Difference
      All Electricity$131.21$167.6021.7%
      Phone $188.52$163.4215.4%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Steward, IL31586-14%
      Paw Paw, IL81287-13%
      Lee, IL35887-13%
      Earlville, IL1,67290-10%
      Malta, IL1,04189-11%
      Waterman, IL1,52793-7%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Glade Spring, VA1,52782-18%
      Freeport, ME1,5271099%
      Bismarck, MO1,52781-19%
      Miller, SD1,52783-17%
      Ness City, KS1,52782-18%
      Waterman, IL1,52793-7%
      Source: The Waterman, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.