Bonfield, IL vs Waterman, IL

Bonfield is moderately more affordable than Waterman, with a 9.3% lower cost of living index. Bonfield scores 73 compared to 81 for Waterman, where the US average is 100. This difference means residents of Waterman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bonfield is $825/month compared to $897/month in Waterman — a 8% difference. Home values follow the same pattern: Bonfield is more affordable at $190,800 median vs $212,900.

Median household income in Bonfield is $86,667 compared to $97,386 in Waterman (-11%). While Waterman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bonfield spend roughly 11.4% of their income on rent, more than the 11.1% in Waterman.