Cedar Hill Lakes, MO vs Waverly, MO

Cedar Hill Lakes, MO and Waverly, MO have a very similar cost of living, with only a 4% difference in their overall index. Cedar Hill Lakes scores 64 while Waverly scores 67 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 Cedar Hill Lakes is $667/month compared to $835/month in Waverly — a 20% difference. Interestingly, home values tell a different story: while Cedar Hill Lakes has cheaper rent, Waverly actually has lower median home values ($107,500 vs $129,300).

Median household income in Cedar Hill Lakes is $71,563 compared to $48,000 in Waverly (+49.1%). Cedar Hill Lakes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cedar Hill Lakes spend roughly 11.2% of their income on rent, less than the 20.9% in Waverly.