Frazee, MN vs Watertown, MN
There is a significant gap in the cost of living between these two cities. Frazee is 20.4% cheaper than Watertown. With a cost index of 73 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Frazee to Watertown should plan for substantially higher expenses across most categories.
On the housing front, median rent in Frazee is $848/month compared to $967/month in Watertown — a 12% difference. Home values follow the same pattern: Frazee is more affordable at $166,800 median vs $315,200.
Median household income in Frazee is $49,000 compared to $93,008 in Watertown (-47.3%). While Watertown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frazee spend roughly 20.8% of their income on rent, more than the 12.5% in Watertown.
Climate-wise, Watertown is notably warmer with an average of 46.7°F compared to 40.4°F in Frazee. Watertown receives more rainfall at 30.6" per year compared to 23.9" in Frazee.
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