Morris, MN vs Waverly, MN

There is a significant gap in the cost of living between these two cities. Morris is 15.1% cheaper than Waverly. With a cost index of 74 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Morris to Waverly should plan for substantially higher expenses across most categories.

On the housing front, median rent in Morris is $841/month compared to $913/month in Waverly — a 8% difference. Home values follow the same pattern: Morris is more affordable at $185,200 median vs $284,600.

Median household income in Morris is $63,807 compared to $113,269 in Waverly (-43.7%). 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 Morris spend roughly 15.8% 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 42.5°F in Morris. Waverly receives more rainfall at 30.6" per year compared to 24.1" in Morris.