Waverly, IA vs West Liberty, IA

Waverly, IA and West Liberty, IA have a very similar cost of living, with only a 4.9% difference in their overall index. Waverly scores 76 while West Liberty scores 72 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 Waverly is $909/month compared to $871/month in West Liberty — a 4% difference. Home values follow the same pattern: West Liberty is more affordable at $169,500 median vs $215,200.

Median household income in Waverly is $78,429 compared to $66,132 in West Liberty (+18.6%). 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 Waverly spend roughly 13.9% of their income on rent, less than the 15.8% in West Liberty.

Climate-wise, both cities share similar average temperatures (49°F vs 51°F). Waverly receives more rainfall at 36.3" per year compared to 35.7" in West Liberty.