La Crescent, MN vs Waverly, MN

La Crescent, MN and Waverly, MN have a very similar cost of living, with only a 4.2% difference in their overall index. La Crescent scores 84 while Waverly scores 88 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in La Crescent is $1,059/month compared to $913/month in Waverly — a 16% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, La Crescent actually has lower median home values ($244,500 vs $284,600).

Median household income in La Crescent is $82,109 compared to $113,269 in Waverly (-27.5%). 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 La Crescent spend roughly 15.5% of their income on rent, more than the 9.7% in Waverly.

Climate-wise, both cities share similar average temperatures (48.8°F vs 46.7°F). La Crescent receives more rainfall at 35.2" per year compared to 30.6" in Waverly.