Ashland, VA vs Waverly, VA

There is a significant gap in the cost of living between these two cities. Waverly is 23.6% cheaper than Ashland. With a cost index of 74 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waverly to Ashland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ashland is $1,154/month compared to $947/month in Waverly — a 22% difference. Home values follow the same pattern: Waverly is more affordable at $135,300 median vs $272,600.

Median household income in Ashland is $65,000 compared to $71,154 in Waverly (-8.6%). Waverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ashland spend roughly 21.3% of their income on rent, more than the 16% in Waverly.