Eagle Bend, MN vs Waterville, MN

There is a significant gap in the cost of living between these two cities. Eagle Bend is 18.3% cheaper than Waterville. With a cost index of 65 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Eagle Bend to Waterville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eagle Bend is $775/month compared to $835/month in Waterville — a 7% difference. Home values follow the same pattern: Eagle Bend is more affordable at $96,700 median vs $216,700.

Median household income in Eagle Bend is $48,924 compared to $67,721 in Waterville (-27.8%). While Waterville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eagle Bend spend roughly 19% of their income on rent, more than the 14.8% in Waterville.