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Cost of Living in Waterman, IL

2025 Affordability Data & Housing Costs

96.0

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$212,900

Owner-occupied homes (2023 ACS)

Median Household Income

$97,386

Annual (2023 ACS)

Housing Costs

The median home value in Waterman is $212,900, which is close to the national average. The home price-to-income ratio is 2.2, indicating strong affordability.

Income & Purchasing Power

The median household income in Waterman is $97,386 annually.

Compare with Other Cities

View all cities in Illinois

Frequently Asked Questions

What is the cost of living index in Waterman, IL?

The COL index is 96.0, which is lower than the US average of 100.

What is the median home value in Waterman?

The median home value is $212,900.

What is the median rent in Waterman?

Data not available.

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