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Madelia, MN vs Watkins, MN

68
Madelia
Minnesota
VS
+3.4%
66
Watkins
Minnesota

Madelia, MN and Watkins, MN have a very similar cost of living, with only a 3.4% difference in their overall index. Madelia scores 68 while Watkins scores 66 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 Madelia is $795/month compared to $760/month in Watkins — a 5% difference. Home values follow the same pattern: Watkins is more affordable at $136,800 median vs $158,300.

Median household income in Madelia is $77,500 compared to $50,875 in Watkins (+52.3%). While Madelia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madelia spend roughly 12.3% of their income on rent, less than the 17.9% in Watkins.

Climate-wise, both cities share similar average temperatures (44.6°F vs 42.9°F). Madelia receives more rainfall at 29.3" per year compared to 28.5" in Watkins.

Income & Cost

Cost of Living Index
Madelia
68
Watkins
66
3% cheaper
Median Household Income
Madelia
$77,500
34% higher
Watkins
$50,875

Housing

Median Rent
Madelia
$795
Watkins
$760
4% cheaper
Median Home Value
Madelia
$158,300
Watkins
$136,800
14% cheaper
Population
Madelia
2,380
Watkins
797

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Madelia $2.97
Watkins $2.97
US $3.07
🥚
Eggs (grade A, large)
Madelia $2.43
Watkins $2.43
US $2.50
🥛
Milk (whole)
Madelia $3.91
Watkins $3.91
US $4.03
🍞
Bread (white)
Madelia $1.79
Watkins $1.79
US $1.85
🍗
Chicken breast
Madelia $4.02
Watkins $4.02
US $4.14
Electricity
Madelia $0.17
Watkins $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Madelia 44.6°F
Watkins 42.9°F
Summer High
Madelia 81°F
Watkins 82°F
Winter Low
Madelia 7°F
Watkins 3°F
Rainfall
Madelia 29.3"
Watkins 28.5"
Rainy Days
Madelia 106d
Watkins 111d