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Okabena, MN vs Wabasso, MN

75
Okabena
Minnesota
VS
+21.4%
61
Wabasso
Minnesota

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.

Income & Cost

Cost of Living Index
Okabena
75
Wabasso
61
18% cheaper
Median Household Income
Okabena
$98,750
35% higher
Wabasso
$63,900

Housing

Median Rent
Okabena
$1,083
Wabasso
$633
42% cheaper
Median Home Value
Okabena
$99,300
6% cheaper
Wabasso
$105,100
Population
Okabena
200
Wabasso
598

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Okabena 44.6°F
Wabasso 45.4°F
Summer High
Okabena 81°F
Wabasso 84°F
Winter Low
Okabena 7°F
Wabasso 6°F
Rainfall
Okabena 29.3"
Wabasso 28"
Rainy Days
Okabena 106d
Wabasso 96d