Zip 62692 (Waverly, IL) Cost of Living


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How much do I need to live in Waverly, Illinois?
$1,470 / month
for a family, 72.8% less expensive than the national average A total of $17,640 for the year for a family.
$2,000 / month
for a single person, 58.0% less expensive than the national average A total of $24,000 for the year for a single person.

Waverly cost of living score
72.9
Less expensive
27.1% lower
than the US average
22.2% lower
than the Illinois average
Waverly (zip 62692), Illinois gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 22.2% higher than the average for Illinois.

Zip 62692 (Waverly, IL)

Housing costs in Waverly?
A typical home costs $91,300, which is 73.0% less expensive than the national average of $338,100 and 62.2% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Waverly costs $790 per month, which is 37.3% cheaper than the national average of $1,260 and close to the state average of $800.

Can I afford Waverly?
To live comfortably in Waverly (zip 62692), Illinois, a minimum annual income of $17,640 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Waverly?
The cost of living in 62692 Waverly, IL is relatively low compared to other places in the United States. Groceries and healthcare costs are both lower than the national average. Utility costs, such as electricity and gas prices, are also some of the lowest in the state. Housing costs can be higher than those found in surrounding areas but overall they remain quite affordable. Additionally, property taxes in 62692 Waverly, IL are relatively low when compared with other parts of Illinois. The combination of these factors makes living in 62692 Waverly, IL an attractive option for those looking for a more budget-friendly lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaverlyIllinoisUnited States
    Unlock93.7100.0
  91.1  Unlock100.0
    Unlock96.9100.0
  26.9  Unlock100.0
    Unlock$241,700$338,100
  101.7  Unlock100.0
    Unlock106.2100.0
  117.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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