Waverly, IA, shows a cost of living index that is generally lower than the nationwide average. Specifically, the overall cost of living index is 90, which means it costs about 10% less to live in Waverly compared to the national average of 100. The housing index is the lowest, at 80, while groceries and miscellaneous expenses are closer to the average, with indices of 95 and 90, respectively. This data provides valuable insight for job seekers considering relocation.
Waverly, IA, presents a cost of living that varies from the nationwide average in several key areas. Housing costs in Waverly stand at 80, which is 20% below the national average. This makes housing more affordable for residents and newcomers. Similarly, transportation costs are 15% lower, with an index of 85, making it easier to manage daily commutes and travel expenses.
Other expenses also align favorably with the national average. Groceries in Waverly cost 95, only 5% above the national average. Utilities, including electricity, gas, and water, are also slightly lower, at 90, which is 10% under the national index. Healthcare costs remain in line with the national average, set at 100. This balance in healthcare expenses ensures that residents have access to quality medical services without undue financial strain. Finally, miscellaneous expenses, such as entertainment and personal care, also have an index of 90, again 10% below the national average. Overall, Waverly offers a cost of living that is notably lower than the national average in several critical areas.