Evansdale, IA vs Waverly, IA

Evansdale is moderately more affordable than Waverly, with a 6.9% lower cost of living index. Evansdale scores 71 compared to 76 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 Evansdale is $945/month compared to $909/month in Waverly — a 4% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, Evansdale actually has lower median home values ($138,200 vs $215,200).

Median household income in Evansdale is $57,415 compared to $78,429 in Waverly (-26.8%). 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 Evansdale spend roughly 19.8% of their income on rent, more than the 13.9% in Waverly.