Anderson, MO vs Waverly, MO

Anderson is moderately more affordable than Waverly, with a 6.8% lower cost of living index. Anderson scores 62 compared to 67 for Waverly, where the US average is 100. This difference means residents of Waverly can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Anderson is $732/month compared to $835/month in Waverly — a 12% difference. Home values follow the same pattern: Anderson is more affordable at $97,900 median vs $107,500.

Median household income in Anderson is $51,875 compared to $48,000 in Waverly (+8.1%). Anderson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Anderson spend roughly 16.9% of their income on rent, less than the 20.9% in Waverly.