Okabena, MN vs Wabasso, MN
There is a significant gap in the cost of living between these two cities. Wabasso is 21.4% cheaper than Okabena. With a cost index of 61 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wabasso to Okabena should plan for substantially higher expenses across most categories.
On the housing front, median rent in Okabena is $1,083/month compared to $633/month in Wabasso — a 71% difference. Interestingly, home values tell a different story: while Wabasso has cheaper rent, Okabena actually has lower median home values ($99,300 vs $105,100).
Median household income in Okabena is $98,750 compared to $63,900 in Wabasso (+54.5%). While Okabena is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Okabena spend roughly 13.2% of their income on rent, more than the 11.9% in Wabasso.
Climate-wise, both cities share similar average temperatures (44.6°F vs 45.4°F). Okabena receives more rainfall at 29.3" per year compared to 28" in Wabasso.
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Climate
NOAA 30-year normals (1991-2020)