Waverly, IL vs West Peoria, IL

There is a significant gap in the cost of living between these two cities. Waverly is 16% cheaper than West Peoria. With a cost index of 63 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waverly to West Peoria should plan for substantially higher expenses across most categories.

On the housing front, median rent in Waverly is $753/month compared to $1,180/month in West Peoria — a 36% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, West Peoria actually has lower median home values ($92,500 vs $97,600).

Median household income in Waverly is $55,882 compared to $57,450 in West Peoria (-2.7%). West Peoria does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Waverly spend roughly 16.2% of their income on rent, less than the 24.6% in West Peoria.

Climate-wise, both cities share similar average temperatures (54°F vs 52.7°F). Waverly receives more rainfall at 38" per year compared to 37.6" in West Peoria.