Frankfort, OH vs Waverly, OH

Frankfort is moderately more affordable than Waverly, with a 6% lower cost of living index. Frankfort scores 68 compared to 73 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 Frankfort is $769/month compared to $939/month in Waverly — a 18% difference. Interestingly, home values tell a different story: while Frankfort has cheaper rent, Waverly actually has lower median home values ($149,400 vs $159,100).

Median household income in Frankfort is $62,583 compared to $49,519 in Waverly (+26.4%). Frankfort offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Frankfort spend roughly 14.7% of their income on rent, less than the 22.8% in Waverly.