Livonia, NY vs Waverly, NY
Livonia, NY and Waverly, NY have a very similar cost of living, with only a 1.6% difference in their overall index. Livonia scores 72 while Waverly scores 71 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 Livonia is $762/month compared to $921/month in Waverly — a 17% difference. Interestingly, home values tell a different story: while Livonia has cheaper rent, Waverly actually has lower median home values ($132,400 vs $178,400).
Median household income in Livonia is $66,350 compared to $51,327 in Waverly (+29.3%). While Livonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Livonia spend roughly 13.8% of their income on rent, less than the 21.5% in Waverly.
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