Waverly, IA, has a cost of living index that is slightly below the nationwide average. The overall index stands at 91, which is 9% lower than the national average of 100. This means that housing, utilities, and miscellaneous costs are notably cheaper in Waverly, while groceries and healthcare costs are close to the national average. Transportation costs are also slightly below the national average.
Waverly, IA, offers a cost of living that is notably lower than the nationwide average. The housing index in Waverly stands at 85, which is 15% less than the average cost of living index of 100. This means that housing expenses in Waverly are more affordable, making it an attractive option for those looking to save on their living costs.
Additionally, the grocery index in Waverly is 95, which is 5% below the national average. This slight decrease in grocery costs adds to the overall affordability of living in Waverly. Utilities in Waverly are priced at 90, which is 10% less than the average. This reduction in utility costs further contributes to the lower cost of living in the area. Transportation costs in Waverly are at 92, which is 8% below the average, making commuting and other transportation needs more budget-friendly. While healthcare costs in Waverly are slightly higher at 98, the overall cost of living remains competitive, offering a balanced living experience for residents.