Breckenridge, MN vs Waseca, MN
There is a significant gap in the cost of living between these two cities. Breckenridge is 17.1% cheaper than Waseca. With a cost index of 60 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Breckenridge to Waseca should plan for substantially higher expenses across most categories.
On the housing front, median rent in Breckenridge is $502/month compared to $796/month in Waseca — a 37% difference. Home values follow the same pattern: Breckenridge is more affordable at $142,000 median vs $185,600.
Median household income in Breckenridge is $57,344 compared to $61,546 in Waseca (-6.8%). Waseca does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Breckenridge spend roughly 10.5% of their income on rent, less than the 15.5% in Waseca.
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