Waverly, MN Cost of Living


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Waverly cost of living score
104.3
More expensive
4.3% higher
than the US average
7.3% higher
than the Minnesota average
Waverly, Minnesota gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 7.3% higher than the average for Minnesota.

Waverly, MN

Housing costs in Waverly?
A typical home costs $327,600, which is 3.1% less expensive than the national average of $338,100 and 5.8% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Waverly costs $1,270 per month, which is 11.2% cheaper than the national average of $1,430 and 2.4% more than the state average of $1,240.

Can I afford Waverly?
To live comfortably in Waverly, Minnesota, a minimum annual income of $62,640 for a family, and $41,600 for a single person is recommended.

What does A.I. say about Waverly?
Waverly, MN is a great place to live with many amenities and quality of life benefits. The cost of living in Waverly is quite reasonable compared to other parts of the country. Housing prices are lower than the national average, while groceries, healthcare, transportation, and utilities are all comparable to other areas in Minnesota. Thanks to its close proximity to Minneapolis and St. Paul, Waverly residents have access to all the city has to offer without paying high costs associated with living in a big city. In addition, there’s no state income tax in Minnesota which helps keep living expenses low overall. With so much on offer and such an affordable price tag, Waverly is a great choice for families or individuals looking for a new place to call home.
   Cost of living score
     CategoriesWaverlyMinnesotaUnited States
  104.397.2100.0
  99.297.2100
  76.478.3100.0
  96.9102.9100.0
  $327,600$309,500$338,100
  99.0%95.7%100.0%
  123.096.4100.0
  121.3117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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