Hillsdale, MI vs Waverly, MI

There is a significant gap in the cost of living between these two cities. Hillsdale is 20.4% cheaper than Waverly. With a cost index of 68 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hillsdale to Waverly should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hillsdale is $801/month compared to $1,125/month in Waverly — a 29% difference. Home values follow the same pattern: Hillsdale is more affordable at $131,300 median vs $222,300.

Median household income in Hillsdale is $47,817 compared to $75,868 in Waverly (-37%). 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 Hillsdale spend roughly 20.1% of their income on rent, more than the 17.8% in Waverly.