Carlisle, IA vs Waverly, IA

Carlisle, IA and Waverly, IA have a very similar cost of living, with only a 0.9% difference in their overall index. Carlisle scores 77 while Waverly scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Carlisle is $896/month compared to $909/month in Waverly — a 1% difference. Home values follow the same pattern: Carlisle is more affordable at $208,100 median vs $215,200.

Median household income in Carlisle is $98,333 compared to $78,429 in Waverly (+25.4%). While Carlisle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carlisle spend roughly 10.9% of their income on rent, less than the 13.9% in Waverly.