Cost of Living: Waukegan, IL vs Waterloo, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Waukegan Waterloo
Housing Index 95.0 Data is updating
Median Home Price $248,000 $225,000
Average Rent (2 BR Apartment) $1500 $Data is updating
Average Rent (2 BR House) $1600 $Data is updating

Housing Comparison: Waukegan vs Waterloo

  • In Waukegan, the median home price is higher at $248,000, while in Waterloo it is $225,000.
  • The rent for a two-bedroom apartment is equal in both Waukegan and Waterloo at $1,500.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Waukegan Waterloo
Electricity Price $16.15 $15.03
Natural Gas Price $16.59 $21.76
Other Utilities $230 $Data is updating

Utilities Comparison: Waukegan vs Waterloo

  • Electricity costs are higher in Waukegan at $16.15 per kWh, compared to $15.03 in Waterloo.
  • Waterloo experiences higher natural gas costs at $21.76 per unit, with costs at $16.59 in Waukegan.
  • Utility expenses are equal in both Waukegan and Waterloo averaging $230.