Emily, MN vs Waverly, MN
There is a significant gap in the cost of living between these two cities. Waverly is 16.4% cheaper than Emily. 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 Emily should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Emily are $344,700 compared to $284,600 in Waverly, a 21% gap.
Median household income in Emily is $73,563 compared to $113,269 in Waverly (-35.1%). Waverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
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