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Benson, MN vs Waseca, MN

74
Benson
Minnesota
VS
+1.5%
73
Waseca
Minnesota

Benson, MN and Waseca, MN have a very similar cost of living, with only a 1.5% difference in their overall index. Benson scores 74 while Waseca scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Benson is $939/month compared to $796/month in Waseca — a 18% difference. Interestingly, home values tell a different story: while Waseca has cheaper rent, Benson actually has lower median home values ($146,100 vs $185,600).

Median household income in Benson is $51,124 compared to $61,546 in Waseca (-16.9%). Waseca offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Benson spend roughly 22% of their income on rent, more than the 15.5% in Waseca.

Income & Cost

Cost of Living Index
Benson
74
Waseca
73
1% cheaper
Median Household Income
Benson
$51,124
Waseca
$61,546
17% higher

Housing

Median Rent
Benson
$939
Waseca
$796
15% cheaper
Median Home Value
Benson
$146,100
21% cheaper
Waseca
$185,600
Population
Benson
3,449
Waseca
9,209

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