Pontiac, MI vs Waverly, MI

Pontiac is moderately more affordable than Waverly, with a 12.9% lower cost of living index. Pontiac scores 74 compared to 85 for Waverly, where the US average is 100. This difference means residents of Waverly can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Pontiac is $1,007/month compared to $1,125/month in Waverly — a 11% difference. Home values follow the same pattern: Pontiac is more affordable at $110,600 median vs $222,300.

Median household income in Pontiac is $42,791 compared to $75,868 in Waverly (-43.6%). 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 Pontiac spend roughly 28.2% of their income on rent, more than the 17.8% in Waverly.