Chisago City, MN vs Waverly, MN

There is a significant gap in the cost of living between these two cities. Waverly is 16.3% cheaper than Chisago City. With a cost index of 88 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waverly to Chisago City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chisago City is $1,163/month compared to $913/month in Waverly — a 27% difference. Home values follow the same pattern: Waverly is more affordable at $284,600 median vs $366,600.

Median household income in Chisago City is $96,964 compared to $113,269 in Waverly (-14.4%). Waverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chisago City spend roughly 14.4% of their income on rent, more than the 9.7% in Waverly.