Housing costs in Waverly?
A typical home costs
$176,600, which is 47.8% less expensive than the national average of
$338,100 and 48.5% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Waverly costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 18.6% cheaper than the state average of
$1,400.
Can I afford Waverly?
To live comfortably in Waverly, Virginia, a minimum annual income of
$33,840 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Waverly?
The cost of living in Waverly, VA is quite reasonable compared to the national average. The median home price in Waverly is just over $109,000 which is much lower than the national median of approximately $229,000. Additionally, the median household income in Waverly is $38,400 which is slightly above the national average of $37,400. Moreover, housing costs in Waverly are 11% lower than the national average and groceries are affordable at 6% below the national average. All these factors contribute to a lower than average cost of living in Waverly making it an ideal place to live for those looking for a comfortable and affordable lifestyle.