Cost of Living in Waverly, NE
Population 4,363 · Nebraska · Data vintage 2023
(100 = US avg)
Waverly is a smaller Nebraska community of around 4000 residents, where median household incomes of $110,000 and housing costs ($290,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 0.0% — below most comparable cities in the state.
Waverly sits roughly 10 miles northeast of Lincoln — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 17% higher than Lincoln's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Waverly
The median home value in Waverly is $290,000 — 5% below the national median of $305,000. Median rent runs $972/month, 26% lower than the national median of $1,314/month. The median household income of $110,000/year is 47% higher than the US median of $74,580. The local unemployment rate is 0.0%, below the national average of 4.8%. Nebraska's top state income tax rate is 5.8% and the combined sales tax is 6.9%. The climate averages highs of 62.9°F and lows of 39.4°F. Overall, Waverly has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.
Waverly has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 34 | 40 | 53 | 64 | 74 | 83 | 87 | 85 | 79 | 66 | 51 | 39 |
| Low °F | 14 | 18 | 28 | 38 | 50 | 61 | 65 | 62 | 53 | 40 | 28 | 18 |
| Precip" | 0.93 | 1.24 | 1.86 | 2.99 | 4.76 | 4.81 | 3.92 | 3.30 | 3.35 | 2.25 | 1.51 | 1.37 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Waverly, NE?
Waverly has a cost index of 87 (100 = national average). It is 13% below the national average.
What is average rent in Waverly, NE?
The median gross rent in Waverly is $972 per month based on 2023 Census data.
What is the average home price in Waverly?
The median home value in Waverly is $290,000 according to Zillow and Census data.
What is the median income in Waverly?
The median household income in Waverly is $110,000 per year (2023 ACS 5-year estimates).
What is the sales tax in Waverly, NE?
The combined state and local sales tax rate in Waverly is 6.9%. The Nebraska state income tax top rate is 5.8%.
Is Waverly, NE affordable?
Yes, Waverly is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.
What is the weather like in Waverly?
Waverly has average high temperatures of 62.9°F and average lows of 39.4°F. Annual precipitation is 32.3". Data from NOAA 1991–2020 Climate Normals.
Waverly at a Glance
- Population
- 4,363
- Median Income
- $110,000
- Home Value
- $290,000
- Median Rent
- $972/mo
- Unemployment
- 0.0%
- Avg High Temp
- 62.9°F
- Sales Tax
- 6.9%
Explore county-level cost of living data
Nebraska Rankings
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