Waverly, IA Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
Waverly's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Waverly is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Waverly, IA?

According to the most recent data on the cost of living, Waverly has an overall cost of living index of 88 which is 0.9x lower than the national index of 100.

Compared to only Iowa, Waverly has a cost of living index that's 1.0x lower than Iowa's index of 90.

The standard of living in Waverly ranks as #1324 most affordable out of the 6522 places we measured in Iowa. By definition, that implies Waverly ranks as the #5083 most expensive place in the Hawkeye State.

For more reading on life in Waverly, check out:

Waverly Cost Of Living Vs. Iowa

Living Expense Waverly Iowa National Average
Overall 88 90 100
Services 91 96 100
Groceries 92 98 100
Health 92 100 100
Housing 80 73 100
Transportation 94 101 100
Utilities 86 98 100
For more reading on cost of living around Iowa, check out:
Waverly Cost of Living Vs. IA

Waverly, IA Housing Cost Breakdown

Housing swings affordability the most between places in Iowa, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Waverly Iowa United States
Median Home Value $167,500 $142,300 $204,900
Median Rent $700 $766 $1,023
Median Income $63,947 $58,580 $60,293
Home Value To Income 2.6x 2.4x 3.4x
Rent To Monthly Income 0.13x 0.16x 0.2x

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Cost Of Living In Cities Around Waverly

City Population Cost Of Living Vs. Waverly
Waterloo, IA 68,134 82 0.9x
Cedar Falls, IA 41,202 91 1.0x
La Porte, IN 21,874 88 1.0x
Oelwein, IA 6,050 77 0.9x
Independence, IA 6,027 83 0.9x
Iowa Falls, IA 5,124 85 1.0x
Vinton, IA 5,124 90 1.0x

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