Springfield, NE vs Waverly, NE

Springfield, NE and Waverly, NE have a very similar cost of living, with only a 1% difference in their overall index. Springfield scores 86 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 Springfield is $1,137/month compared to $972/month in Waverly — a 17% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, Springfield actually has lower median home values ($237,300 vs $290,000).

Median household income in Springfield is $92,153 compared to $110,000 in Waverly (-16.2%). Waverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Springfield spend roughly 14.8% of their income on rent, more than the 10.6% in Waverly.

Climate-wise, both cities share similar average temperatures (52.4°F vs 51.2°F). Waverly receives more rainfall at 32.3" per year compared to 31.9" in Springfield.