Salem, OH vs Waverly, OH

Salem is moderately more affordable than Waverly, with a 13.4% lower cost of living index. Salem scores 63 compared to 73 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 Salem is $771/month compared to $939/month in Waverly — a 18% difference. Home values follow the same pattern: Salem is more affordable at $117,400 median vs $149,400.

Median household income in Salem is $50,250 compared to $49,519 in Waverly (+1.5%). Salem offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Salem spend roughly 18.4% of their income on rent, less than the 22.8% in Waverly.