Center City, MN vs Waverly, MN

Waverly is moderately more affordable than Center City, with a 12.4% lower cost of living index. Center City scores 98 compared to 88 for Waverly, where the US average is 100. This difference means residents of Center City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Center City is $1,156/month compared to $913/month in Waverly — a 27% difference. Home values follow the same pattern: Waverly is more affordable at $284,600 median vs $327,500.

Median household income in Center City is $94,712 compared to $113,269 in Waverly (-16.4%). 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 Center City spend roughly 14.6% of their income on rent, more than the 9.7% in Waverly.