The cost of living in Waverly, Ohio, stands lower than the nationwide average. Based on the given data, the overall cost of living index for Waverly totals 88, which is 12% lower than the national benchmark of 100. This suggests that expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items are generally more affordable in Waverly compared to the rest of the country.
Waverly provides a cost-effective lifestyle, particularly in housing and transportation, each at 80% and 85% of the national average, respectively. Even though some categories like groceries and healthcare have a slightly higher index, the general affordability makes it a compelling option for those seeking a balanced cost of living.
The cost of living index in Waverly, OH, stands at a solid 87, indicating that expenses in the area are slightly below the nationwide average. This average, represented by a cost of living index of 100, serves as a baseline for comparison. For job seekers relocating to Waverly, the lower housing index at 80 suggests that housing costs will be 20% less expensive than the national average. This can be particularly attractive for those seeking a more affordable place to live.
Additionally, while the transportation index in Waverly is at 85, meaning transport costs are 15% lower than average, the utilities index is at 95, indicating a slight increase of 5%. Groceries, with an index of 90, also show a minimal 10% increase. Healthcare costs in Waverly, at an index of 92, are 2% higher than the national average, and miscellaneous expenses at 88 are 2% lower. Overall, Waverly presents a mix of both lower and slightly higher costs compared to the nationwide average, offering a balanced perspective for prospective residents.
