CostByCity

Kankakee, IL vs Waterloo, IA

Cost of Living Comparison

Waterloo, IA is more affordable by 9.3 index points

Side-by-Side Comparison

CategoryKankakee, ILWaterloo, IADifference
Overall96.487.1+9.3
Housing92.963.1+29.7
Goods93.693.7-0.1
Utilities89.483.7+5.8
Other Services99.692.9+6.7

Income & Housing Comparison

MetricKankakee, ILWaterloo, IA
Median Household Income$65,489$66,732
Median Home Value$176,800$176,100
Median Monthly Rent$1,025$916
Per Capita Income$32,941$36,429

Frequently Asked Questions

Is Kankakee, IL or Waterloo, IA cheaper to live in?
Waterloo, IA is more affordable. The cost of living difference is 9.3 index points (Kankakee, IL: 96.4, Waterloo, IA: 87.1).
Where is housing cheaper, Kankakee, IL or Waterloo, IA?
Housing is more affordable in Waterloo, IA. Housing index: Kankakee, IL (92.9) vs Waterloo, IA (63.1).