Edwards, NY vs Waterville, NY

Edwards is moderately more affordable than Waterville, with a 6.9% lower cost of living index. Edwards scores 66 compared to 71 for Waterville, where the US average is 100. This difference means residents of Waterville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edwards is $800/month compared to $852/month in Waterville — a 6% difference. Home values follow the same pattern: Edwards is more affordable at $71,900 median vs $158,300.

Median household income in Edwards is $75,547 compared to $76,125 in Waterville (-0.8%). Waterville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Edwards spend roughly 12.7% of their income on rent, less than the 13.4% in Waterville.