Morgan, MN vs Wabasha, MN

Morgan, MN and Wabasha, MN have a very similar cost of living, with only a 1.3% difference in their overall index. Morgan scores 73 while Wabasha scores 73 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 Morgan is $996/month compared to $773/month in Wabasha — a 29% difference. Interestingly, home values tell a different story: while Wabasha has cheaper rent, Morgan actually has lower median home values ($105,900 vs $212,800).

Median household income in Morgan is $58,750 compared to $62,016 in Wabasha (-5.3%). While Wabasha is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Morgan spend roughly 20.3% of their income on rent, more than the 15% in Wabasha.

Climate-wise, both cities share similar average temperatures (45.4°F vs 44.8°F). Wabasha receives more rainfall at 34.7" per year compared to 28" in Morgan.