Cowden, IL vs Waggoner, IL

Waggoner is moderately more affordable than Cowden, with a 10.7% lower cost of living index. Cowden scores 63 compared to 57 for Waggoner, where the US average is 100. This difference means residents of Cowden can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cowden is $767/month compared to $675/month in Waggoner — a 14% difference. Home values follow the same pattern: Waggoner is more affordable at $40,000 median vs $76,200.

Median household income in Cowden is $42,083 compared to $69,135 in Waggoner (-39.1%). Waggoner offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cowden spend roughly 21.9% of their income on rent, more than the 11.7% in Waggoner.