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Kentwood, MI vs Waverly, MI

90
Kentwood
Michigan
VS
+6.2%
85
Waverly
Michigan

Waverly is moderately more affordable than Kentwood, with a 6.2% lower cost of living index. Kentwood scores 90 compared to 85 for Waverly, where the US average is 100. This difference means residents of Kentwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Kentwood is $1,205/month compared to $1,125/month in Waverly — a 7% difference. Home values follow the same pattern: Waverly is more affordable at $222,300 median vs $249,000.

Median household income in Kentwood is $73,647 compared to $75,868 in Waverly (-2.9%). Waverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Kentwood spend roughly 19.6% of their income on rent, more than the 17.8% in Waverly.

Income & Cost

Cost of Living Index
Kentwood
90
Waverly
85
6% cheaper
Median Household Income
Kentwood
$73,647
Waverly
$75,868
3% higher

Housing

Median Rent
Kentwood
$1,205
Waverly
$1,125
7% cheaper
Median Home Value
Kentwood
$249,000
Waverly
$222,300
11% cheaper
Population
Kentwood
54,114
Waverly
23,301

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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