Cost of Living in Waverly, NY
Population 4,337 · New York · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Waverly a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $132,000. At 8.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Waverly is about 75 miles south of Syracuse, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Syracuse's $125,000 median.
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 $132,400 — 57% below the national median of $305,000. Median rent runs $921/month, 30% lower than the national median of $1,314/month. The median household income of $51,327/year is 31% lower than the US median of $74,580. The local unemployment rate is 8.8%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 59.0°F and lows of 37.1°F. Overall, Waverly has a cost of living index of 54 versus the US average of 100, meaning it is 46% 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 | 36 | 45 | 58 | 70 | 78 | 82 | 81 | 73 | 61 | 49 | 39 |
| Low °F | 16 | 17 | 24 | 34 | 44 | 54 | 58 | 57 | 49 | 39 | 30 | 23 |
| Precip" | 1.66 | 1.34 | 2.39 | 2.81 | 2.98 | 3.50 | 3.36 | 3.58 | 3.47 | 3.02 | 2.21 | 2.04 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Waverly, NY?
Waverly has a cost index of 54 (100 = national average). It is 46% below the national average.
What is average rent in Waverly, NY?
The median gross rent in Waverly is $921 per month based on 2023 Census data.
What is the average home price in Waverly?
The median home value in Waverly is $132,400 according to Zillow and Census data.
What is the median income in Waverly?
The median household income in Waverly is $51,327 per year (2023 ACS 5-year estimates).
What is the sales tax in Waverly, NY?
The combined state and local sales tax rate in Waverly is 8.5%. The New York state income tax top rate is 10.9%.
Is Waverly, NY affordable?
Yes, Waverly is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.
What is the weather like in Waverly?
Waverly has average high temperatures of 59.0°F and average lows of 37.1°F. Annual precipitation is 32.4". Data from NOAA 1991–2020 Climate Normals.
Waverly at a Glance
- Population
- 4,337
- Median Income
- $51,327
- Home Value
- $132,400
- Median Rent
- $921/mo
- Unemployment
- 8.8%
- Avg High Temp
- 59.0°F
- Sales Tax
- 8.5%
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New York Rankings
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