Mason, MI vs Waverly, MI

Mason, MI and Waverly, MI have a very similar cost of living, with only a 3.5% difference in their overall index. Mason scores 82 while Waverly scores 85 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 Mason is $1,103/month compared to $1,125/month in Waverly — a 2% difference. Home values follow the same pattern: Mason is more affordable at $194,600 median vs $222,300.

Median household income in Mason is $79,521 compared to $75,868 in Waverly (+4.8%). Mason offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mason spend roughly 16.6% of their income on rent, less than the 17.8% in Waverly.