Shelbyville, IL vs Waverly, IL

Shelbyville, IL and Waverly, IL have a very similar cost of living, with only a 3.4% difference in their overall index. Shelbyville scores 65 while Waverly scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Shelbyville is $724/month compared to $753/month in Waverly — a 4% difference. Interestingly, home values tell a different story: while Shelbyville has cheaper rent, Waverly actually has lower median home values ($97,600 vs $111,200).

Median household income in Shelbyville is $54,400 compared to $55,882 in Waverly (-2.7%). Waverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Shelbyville spend roughly 16% of their income on rent, less than the 16.2% in Waverly.

Climate-wise, both cities share similar average temperatures (53.4°F vs 54°F). Waverly receives more rainfall at 38" per year compared to 36" in Shelbyville.