Cost of Living in Waverly, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.5
100 = national avg
-0.5 vs national average
Living Wage (1 Adult)
$43,761
per year
Living Wage (Family of 4)
$103,434
per year
Cost Index by Category
Housing88.0
Food104.4
Transportation108.8
Healthcare103.5
Utilities100.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,507
per month
2 Bedroom
$1,655
per month
The overall cost of living index in Waverly is 99.5, which is 0.5% below the national average. Housing costs are below the national average at an index of 88.0. A single adult needs to earn approximately $43,761 per year to cover basic expenses.