Collinsville, VA vs Waverly, VA

Collinsville is moderately more affordable than Waverly, with a 14.2% lower cost of living index. Collinsville scores 64 compared to 74 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 Collinsville is $714/month compared to $947/month in Waverly — a 25% difference. Home values follow the same pattern: Collinsville is more affordable at $123,500 median vs $135,300.

Median household income in Collinsville is $50,465 compared to $71,154 in Waverly (-29.1%). While Waverly is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Collinsville spend roughly 17% of their income on rent, more than the 16% in Waverly.