Waverly, NY, has a cost of living index that reflects lower housing expenses compared to the nationwide average. The housing index in Waverly stands at 80, which is 20% below the national average of 100. While grocery costs are slightly above the average at 90, utilities, transportation, and miscellaneous costs also remain close to the national average, ranging from 85 to 95. Healthcare costs in Waverly match the national average of 100, indicating that these expenses are consistent with what one might find across the country.
The cost of living in Waverly, NY, is notably lower than the nationwide average, which is set at 100. Specifically, the housing index in Waverly stands at 80, meaning it costs 20% less than the national average to live there. This presents a significant advantage for job seekers and families considering a move to Waverly. Housing is a major expense, and a 20% reduction can result in substantial savings over time.
When examining other essential categories, the picture remains favorable for potential residents. The grocery index is 90, indicating a 10% lower cost than the national average. Utilities are slightly below average at 95, which represents a 5% savings. Transportation costs in Waverly are at 85, meaning they are 15% less expensive than the national average. These combined factors make Waverly an attractive option for those seeking a more affordable lifestyle while still maintaining access to essential services and amenities.