Cost of Living in Waverly, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

140.5

100 = national avg

+40.5 vs national average

Living Wage (1 Adult)

$61,798

per year

Living Wage (Family of 4)

$146,069

per year

Cost Index by Category

Housing
121.4
Food
136.6
Transportation
173.1
Healthcare
129.3
Utilities
126.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,405

per month

2 Bedroom

$1,709

per month

The overall cost of living index in Waverly is 140.5, which is 40.5% above the national average. Housing costs are above the national average at an index of 121.4. A single adult needs to earn approximately $61,798 per year to cover basic expenses.