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Cottonwood, MN vs Waubun, MN

76
Cottonwood
Minnesota
VS
+26.7%
60
Waubun
Minnesota

There is a significant gap in the cost of living between these two cities. Waubun is 26.7% cheaper than Cottonwood. With a cost index of 60 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waubun to Cottonwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cottonwood is $914/month compared to $670/month in Waubun — a 36% difference. Home values follow the same pattern: Waubun is more affordable at $75,000 median vs $180,200.

Median household income in Cottonwood is $90,750 compared to $51,667 in Waubun (+75.6%). While Cottonwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cottonwood spend roughly 12.1% of their income on rent, less than the 15.6% in Waubun.

Income & Cost

Cost of Living Index
Cottonwood
76
Waubun
60
21% cheaper
Median Household Income
Cottonwood
$90,750
43% higher
Waubun
$51,667

Housing

Median Rent
Cottonwood
$914
Waubun
$670
27% cheaper
Median Home Value
Cottonwood
$180,200
Waubun
$75,000
58% cheaper
Population
Cottonwood
1,120
Waubun
393

Salary Equivalency Calculator

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