Waterman, IL vs West Peoria, IL

West Peoria is moderately more affordable than Waterman, with a 8.2% lower cost of living index. Waterman scores 81 compared to 74 for West Peoria, 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 Waterman is $897/month compared to $1,180/month in West Peoria — a 24% difference. Interestingly, home values tell a different story: while Waterman has cheaper rent, West Peoria actually has lower median home values ($92,500 vs $212,900).

Median household income in Waterman is $97,386 compared to $57,450 in West Peoria (+69.5%). 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 Waterman spend roughly 11.1% of their income on rent, less than the 24.6% in West Peoria.

Climate-wise, West Peoria is notably warmer with an average of 52.7°F compared to 47.8°F in Waterman. West Peoria receives more rainfall at 37.6" per year compared to 37.4" in Waterman.