Waverly, IA, exhibits a cost of living index that is generally below the nationwide average of 100. The index values for various categories reveal that housing stands at 83, groceries at 92, utilities at 95, transportation at 89, healthcare at 97, and miscellaneous expenses at 90. This suggests that job seekers can find living expenses in Waverly to be around 92% of the national average, offering a relatively affordable option.
Waverly, IA, offers a cost of living that differs from the nationwide average, which is set at 100. The housing index in Waverly stands at 83, indicating that housing costs are about 17% lower than the national average. This makes it an attractive option for individuals and families looking to save on housing expenses.
When comparing other cost components, Waverly also scores favorably in groceries, utilities, and miscellaneous expenses. The grocery index is at 92, which is 2% lower than the average. Utilities cost 5% less, with an index of 95, and miscellaneous expenses are slightly lower at 90, which is 10% below the nationwide average. However, healthcare costs in Waverly are slightly above average at 97, reflecting a 3% increase. Transportation costs at 89 are 11% below the national average. This balanced cost distribution can appeal to those seeking affordable living options without significant trade-offs in quality.