Temperance, MI vs Waverly, MI

Waverly is moderately more affordable than Temperance, with a 6.1% lower cost of living index. Temperance scores 90 compared to 85 for Waverly, where the US average is 100. This difference means residents of Temperance can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Temperance is $1,270/month compared to $1,125/month in Waverly — a 13% difference. Home values follow the same pattern: Waverly is more affordable at $222,300 median vs $230,200.

Median household income in Temperance is $76,069 compared to $75,868 in Waverly (+0.3%). Temperance does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Temperance spend roughly 20% of their income on rent, more than the 17.8% in Waverly.