St. Clair Shores, MI vs Waverly, MI

St. Clair Shores, MI and Waverly, MI have a very similar cost of living, with only a 0.3% difference in their overall index. St. Clair Shores scores 85 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 St. Clair Shores is $1,143/month compared to $1,125/month in Waverly — a 2% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, St. Clair Shores actually has lower median home values ($196,400 vs $222,300).

Median household income in St. Clair Shores is $72,693 compared to $75,868 in Waverly (-4.2%). 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 St. Clair Shores spend roughly 18.9% of their income on rent, more than the 17.8% in Waverly.