Marshall, IL vs Waterloo, IL

Marshall is moderately more affordable than Waterloo, with a 12.8% lower cost of living index. Marshall scores 69 compared to 79 for Waterloo, where the US average is 100. This difference means residents of Waterloo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Marshall is $850/month compared to $873/month in Waterloo — a 3% difference. Home values follow the same pattern: Marshall is more affordable at $118,500 median vs $237,900.

Median household income in Marshall is $70,950 compared to $92,005 in Waterloo (-22.9%). While Waterloo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Marshall spend roughly 14.4% of their income on rent, more than the 11.4% in Waterloo.

Climate-wise, Waterloo is notably warmer with an average of 56.5°F compared to 53.5°F in Marshall. Waterloo receives more rainfall at 40.8" per year compared to 40.8" in Marshall.