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Big Lake, MN vs Wadena, MN

103
Big Lake
Minnesota
VS
+53.6%
67
Wadena
Minnesota

The cost of living difference between Big Lake, MN and Wadena, MN is dramatic. Wadena is 53.6% cheaper than Big Lake, a gap that translates to thousands of dollars per year in household expenses. Big Lake has a cost index of 103 while Wadena sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Big Lake is $1,417/month compared to $683/month in Wadena — a 108% difference. Home values follow the same pattern: Wadena is more affordable at $158,700 median vs $291,700.

Median household income in Big Lake is $113,333 compared to $45,850 in Wadena (+147.2%). While Big Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Big Lake spend roughly 15% of their income on rent, less than the 17.9% in Wadena.

Income & Cost

Cost of Living Index
Big Lake
103
Wadena
67
35% cheaper
Median Household Income
Big Lake
$113,333
60% higher
Wadena
$45,850

Housing

Median Rent
Big Lake
$1,417
Wadena
$683
52% cheaper
Median Home Value
Big Lake
$291,700
Wadena
$158,700
46% cheaper
Population
Big Lake
12,115
Wadena
4,361

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Big Lake $3.20
Wadena
US $3.07
🥚
Eggs (grade A, large)
Big Lake $2.61
Wadena
US $2.50
🥛
Milk (whole)
Big Lake $4.21
Wadena
US $4.03
🍞
Bread (white)
Big Lake $1.93
Wadena
US $1.85
🍗
Chicken breast
Big Lake $4.33
Wadena
US $4.14
Electricity
Big Lake $0.17
Wadena
US $0.19