Manchester, TN vs Waverly, TN

Waverly is moderately more affordable than Manchester, with a 8.3% lower cost of living index. Manchester scores 77 compared to 71 for Waverly, where the US average is 100. This difference means residents of Manchester can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Manchester is $897/month compared to $841/month in Waverly — a 7% difference. Home values follow the same pattern: Waverly is more affordable at $164,700 median vs $215,700.

Median household income in Manchester is $55,019 compared to $45,600 in Waverly (+20.7%). While Manchester is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Manchester spend roughly 19.6% of their income on rent, less than the 22.1% in Waverly.