Cost of Living in Waverly, OH

Population 4,153 · Ohio · Data vintage 2023

58
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Waverly is a smaller Ohio community of around 4000 residents, where median household incomes of $49,519 and housing costs ($149,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Waverly is about 60 miles south of Columbus, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% lower than Columbus' $235,000.

Cost Overview

Housing 49
Rent 71

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Waverly

The median home value in Waverly is $149,400 — 51% below the national median of $305,000. Median rent runs $939/month, 29% lower than the national median of $1,314/month. The median household income of $49,519/year is 34% lower than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 63.1°F and lows of 41.2°F. Overall, Waverly has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.

🏠 Housing

Median Home Value
$149,400
51% below avg
Zillow Home Value
$169,530
Zillow ZHVI
Median Rent
$939/mo
29% below avg
Price-to-Rent Ratio
13.3x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 50.5%
Renter-occupied 49.5%

💰 Estimated Monthly Budget

Rent median rent
$939
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,553/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.5 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.1%

Commute Mode

Drove alone
82.8%
Carpooled
5.0%
Walked
2.1%
Work from home
10.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$49,519
34% below avg
Per Capita Income
$31,620
Unemployment Rate
4.8%
1% below avg
Poverty Rate
13.0%
Labor Force Participation
49.3%

🎓 Education

Bachelor's degree+ 14.8%
Graduate degree 7.2%

👥 Demographics

Median Age 40.4
Male median age 37.6
Female median age 46.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.1°F
Avg Low
41.2°F
Annual Precip
40.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384252657482848378665342
Low °F 202231405059626052413226
Precip" 2.882.283.573.943.794.394.393.113.212.872.992.88

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
18.7:1
Student-teacher ratio
4
Public schools
1,792
Total enrollment

Frequently Asked Questions

What is the cost of living in Waverly, OH?

Waverly has a cost index of 58 (100 = national average). It is 42% below the national average.

What is average rent in Waverly, OH?

The median gross rent in Waverly is $939 per month based on 2023 Census data.

What is the average home price in Waverly?

The median home value in Waverly is $149,400 according to Zillow and Census data.

What is the median income in Waverly?

The median household income in Waverly is $49,519 per year (2023 ACS 5-year estimates).

What is the sales tax in Waverly, OH?

The combined state and local sales tax rate in Waverly is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Waverly, OH affordable?

Yes, Waverly is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.

What is the weather like in Waverly?

Waverly has average high temperatures of 63.1°F and average lows of 41.2°F. Annual precipitation is 40.3". Data from NOAA 1991–2020 Climate Normals.

Waverly at a Glance

Population
4,153
Median Income
$49,519
Home Value
$149,400
Median Rent
$939/mo
Unemployment
4.8%
Avg High Temp
63.1°F
Sales Tax
7.2%
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Explore county-level cost of living data

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