Montgomery, MN vs Waseca, MN

Waseca is moderately more affordable than Montgomery, with a 11.9% lower cost of living index. Montgomery scores 82 compared to 73 for Waseca, where the US average is 100. This difference means residents of Montgomery can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Montgomery is $896/month compared to $796/month in Waseca — a 13% difference. Home values follow the same pattern: Waseca is more affordable at $185,600 median vs $218,900.

Median household income in Montgomery is $74,018 compared to $61,546 in Waseca (+20.3%). While Montgomery is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montgomery spend roughly 14.5% of their income on rent, less than the 15.5% in Waseca.

Climate-wise, both cities share similar average temperatures (46.7°F vs 44.8°F). Waseca receives more rainfall at 34.7" per year compared to 30.6" in Montgomery.