Waverly, IA, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Waverly stands at 88, which is 12% below the national average of 100. This reduction is particularly evident in the housing sector, where the index is 70, representing a 30% decrease compared to the national average.
In other areas, such as groceries and utilities, Waverly's cost of living remains close to the average. Groceries have an index of 95, just 5% below the national average, while utilities are at 90, 10% below. This balanced distribution makes Waverly an attractive option for those seeking a more affordable lifestyle without significant sacrifices in quality.
Waverly, IA, presents a cost of living that is notably lower than the nationwide average. The housing index in Waverly stands at 70, which is 30% below the national average of 100. This suggests that housing costs in Waverly are significantly more affordable compared to the rest of the country. For job seekers, this means they can potentially find more affordable housing options, allowing them to allocate more of their budget to other essential needs.
In addition to housing, other cost categories in Waverly also show favorable comparisons. The grocery index is at 95, which is 5% below the national average. Utilities, at 90, are 10% cheaper than the average. Transportation costs are also lower, with an index of 85, which is 15% below the national average. These savings can add up, making Waverly an attractive option for those looking to manage their expenses effectively. Overall, the cost of living in Waverly, IA, offers a more budget-friendly lifestyle compared to the national average.
