Waverly cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index8491100
Goods & Services index9696100
Groceries index9099100
Health care index9796100
Housing index6475100
Transportation index8395100
Utilities index96101100
The above illustration supplies generalized information for the Waverly, OH cost of living index. Compared to other cities in Ohio and cities across the country, the cost of living index in Waverly, OH is 84, which is 7% lower than the Ohio average and 16% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Waverly, OH are equal to the average for Ohio and 4% lower than the rest of the country.

Did you know?

  • The cost of living in Waverly is 7% lower than the Ohio average.
  • The cost of living in Waverly is 16% lower than the national average.
  • The cost of housing in Waverly is 36% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 76% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Waverly, OH would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Waverly, OH, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Waverly, OH salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Waverly, OH as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Waverly, OH homeowners, the median income is $41,894. This indicates that a monthly maximum of $977 should be spent by homeowners on all housing related costs. Renters have a median income of $28,237. This indicates that renters should have a maximum of $659 used for their rent related monthly costs.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Waverly, OH, the Ohio income tax and the Ohio sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Ohio maximum surtax is 8%, and the Ohio sales tax is 5.75%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0.528% to 5.333% in Ohio.

Goods & Services

ItemWaverlyNational avg.Difference
Haircut $11.20$14.5923.3%
Beauty Salon $33.20$34.684.3%
Toothpaste $1.78$2.4728.0%
Shampoo $0.91$1.0211.0%
Movie $9.31$9.875.7%
Bowling $4.25$4.393.2%


ItemWaverlyNational avg.Difference
Ground Beef $4.73$4.485.7%
Fried Chicken $1.17$1.4620.1%
Milk $1.88$2.3620.2%
Potatoes $2.37$3.0622.6%
Pizza $9.99$9.248.1%
Beer $7.99$8.637.4%

Health Care

ItemWaverlyNational avg.Difference
Optometrist $59.90$99.7840.0%
Doctor $111.67$105.036.3%
Dentist $94.00$88.706.0%
Ibuprofen $7.49$9.4120.4%
Lipitor $267.15$298.5010.5%


ItemWaverlyNational avg.Difference
Home Price $99,300.00$175,700.0043.5%
Avg. Mortgage Payment $836.00$1,081.0322.7%
Apartment Rent $747.00$920.0018.8%


ItemWaverlyNational avg.Difference
Gasoline $1.75$2.0916.6%
Tire Balancing $36.75$45.2918.8%


ItemWaverlyNational avg.Difference
All Electricity$161.00$170.805.7%
Phone $27.99$28.260.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Stockdale, OH8493-7%
Bourneville, OH28575-25%
Rarden, OH15677-23%
Beaver, OH43981-19%
Piketon, OH2,02882-18%
Waverly, OH4,35384-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sharpsville, PA4,35379-21%
Simonton Lake, IN4,35489-11%
Ward, AR4,35488-12%
East Quogue, NY4,35516060%
Dacono, CO4,35598-2%
Waverly, OH4,35384-16%
Source: The Waverly, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.