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Lawrenceville, IL vs Waterman, IL

63
Lawrenceville
Illinois
VS
-22.2%
81
Waterman
Illinois

There is a significant gap in the cost of living between these two cities. Lawrenceville is 22.2% cheaper than Waterman. With a cost index of 63 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lawrenceville to Waterman should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lawrenceville is $749/month compared to $897/month in Waterman — a 17% difference. Home values follow the same pattern: Lawrenceville is more affordable at $77,600 median vs $212,900.

Median household income in Lawrenceville is $44,885 compared to $97,386 in Waterman (-53.9%). 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 Lawrenceville spend roughly 20% of their income on rent, more than the 11.1% in Waterman.

Climate-wise, Lawrenceville is notably warmer with an average of 55.7°F compared to 47.8°F in Waterman. Lawrenceville receives more rainfall at 41.7" per year compared to 37.4" in Waterman.

Income & Cost

Cost of Living Index
Lawrenceville
63
22% cheaper
Waterman
81
Median Household Income
Lawrenceville
$44,885
Waterman
$97,386
54% higher

Housing

Median Rent
Lawrenceville
$749
16% cheaper
Waterman
$897
Median Home Value
Lawrenceville
$77,600
64% cheaper
Waterman
$212,900
Population
Lawrenceville
4,241
Waterman
1,419

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lawrenceville
Waterman $3.20
US $3.07
🥚
Eggs (grade A, large)
Lawrenceville
Waterman $2.61
US $2.50
🥛
Milk (whole)
Lawrenceville
Waterman $4.20
US $4.03
🍞
Bread (white)
Lawrenceville
Waterman $1.93
US $1.85
🍗
Chicken breast
Lawrenceville
Waterman $4.32
US $4.14
Electricity
Lawrenceville
Waterman $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lawrenceville 55.7°F
Waterman 47.8°F
Summer High
Lawrenceville 88°F
Waterman 82°F
Winter Low
Lawrenceville 23°F
Waterman 13°F
Rainfall
Lawrenceville 41.7"
Waterman 37.4"
Rainy Days
Lawrenceville 116d
Waterman 131d