International Falls, MN vs Waverly, MN

There is a significant gap in the cost of living between these two cities. International Falls is 28.3% cheaper than Waverly. With a cost index of 63 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from International Falls to Waverly should plan for substantially higher expenses across most categories.

On the housing front, median rent in International Falls is $753/month compared to $913/month in Waverly — a 18% difference. Home values follow the same pattern: International Falls is more affordable at $115,000 median vs $284,600.

Median household income in International Falls is $61,043 compared to $113,269 in Waverly (-46.1%). While Waverly is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of International Falls spend roughly 14.8% of their income on rent, more than the 9.7% in Waverly.

Climate-wise, Waverly is notably warmer with an average of 46.7°F compared to 37.4°F in International Falls. Waverly receives more rainfall at 30.6" per year compared to 25.4" in International Falls.