Farwell, PA vs South Waverly, PA

Farwell, PA and South Waverly, PA have a very similar cost of living, with only a 4% difference in their overall index. Farwell scores 74 while South Waverly scores 77 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 Farwell is $850/month compared to $1,005/month in South Waverly — a 15% difference. Interestingly, home values tell a different story: while Farwell has cheaper rent, South Waverly actually has lower median home values ($158,200 vs $178,000).

Median household income in Farwell is $46,840 compared to $83,750 in South Waverly (-44.1%). While South 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 Farwell spend roughly 21.8% of their income on rent, more than the 14.4% in South Waverly.