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Cost of Living in Waynesboro

Is it better to rent or buy in Waynesboro? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$48,795
$777/mo

Median in area: $777

$210,710

Median in area: $210,710

$42,142

If you Rent

$969 /mo
Base Rent$777
Est. Utilities$192
% of Income23.8%
Pre-tax Residual$3,097

If you Buy

$1,507 /mo
P&I (7.091%)$1,132
Taxes & Ins$183
Est. Utilities$192
% of Income37.1%
Pre-tax Residual$2,559

Cost of Living FAQs

Is it cheaper to rent or buy in Waynesboro?

Based on median housing data, renting is currently more affordable on a monthly basis in Waynesboro. The estimated all-in monthly cost for renting is $969, while owning a median-priced home with a 20% down payment is roughly $1,507 per month (a difference of $538).

How much do utilities cost in Waynesboro?

The average monthly utility cost (electricity and natural gas) for a typical home in Waynesboro is approximately $192. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Waynesboro?

To comfortably afford the median rent and utilities in Waynesboro without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $38,760 per year.