Farmington, MN vs Waseca, MN

The cost of living difference between Farmington, MN and Waseca, MN is dramatic. Waseca is 41.8% cheaper than Farmington, a gap that translates to thousands of dollars per year in household expenses. Farmington has a cost index of 103 while Waseca sits at 73, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Farmington is $1,275/month compared to $796/month in Waseca — a 60% difference. Home values follow the same pattern: Waseca is more affordable at $185,600 median vs $345,100.

Median household income in Farmington is $118,556 compared to $61,546 in Waseca (+92.6%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 12.9% of their income on rent, less than the 15.5% in Waseca.