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Greenville, MI vs Waverly, MI

74
Greenville
Michigan
VS
-13.2%
85
Waverly
Michigan

Greenville is moderately more affordable than Waverly, with a 13.2% lower cost of living index. Greenville scores 74 compared to 85 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 Greenville is $899/month compared to $1,125/month in Waverly — a 20% difference. Home values follow the same pattern: Greenville is more affordable at $160,600 median vs $222,300.

Median household income in Greenville is $55,477 compared to $75,868 in Waverly (-26.9%). 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 Greenville spend roughly 19.4% of their income on rent, more than the 17.8% in Waverly.

Income & Cost

Cost of Living Index
Greenville
74
13% cheaper
Waverly
85
Median Household Income
Greenville
$55,477
Waverly
$75,868
27% higher

Housing

Median Rent
Greenville
$899
20% cheaper
Waverly
$1,125
Median Home Value
Greenville
$160,600
28% cheaper
Waverly
$222,300
Population
Greenville
8,897
Waverly
23,301

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Greenville $2.88
Waverly $2.88
US $3.07
🥚
Eggs (grade A, large)
Greenville $2.35
Waverly $2.35
US $2.50
🥛
Milk (whole)
Greenville $3.79
Waverly $3.79
US $4.03
🍞
Bread (white)
Greenville $1.74
Waverly $1.74
US $1.85
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Chicken breast
Greenville $3.90
Waverly $3.90
US $4.14
Electricity
Greenville $0.18
Waverly $0.18
US $0.19