Waverly, OH, has a cost of living index of 91, which is 9% lower than the nationwide average of 100. This indicates that residents in Waverly generally spend less on various living expenses compared to the average American. Breaking down the index, the cost of housing stands at 85, while groceries cost slightly more at 95. Utilities and transportation expenses are close to the national average, with indices of 90 and 92, respectively. Healthcare costs are slightly higher, at 98, but miscellaneous expenses are at 89.
The cost of living index in Waverly, OH, shows notable variations when compared to the nationwide average, which is set at 100. Housing in Waverly is more affordable, with an index of 85, which means it costs 15% less than the national average. People living in Waverly can expect to pay significantly less for their homes and rent. This reduction in housing costs can be a major benefit for individuals and families when planning their budgets.
The prices for groceries and utilities in Waverly also mirror the lower cost of living trend, although they are closer to the national average. The grocery index stands at 95, indicating a 5% savings on food expenses. Similarly, the utility index at 90 shows a 10% reduction in utility costs. Transportation costs are slightly above average with an index of 92, which means they are only 2% higher than the national average. Healthcare costs in Waverly are slightly above the national average, with an index of 98, which reflects a 2% higher expense. Miscellaneous expenses, with an index of 89, are 11% less than the national average. This overall pattern suggests that Waverly offers a generally more affordable living environment, especially in housing and groceries.
