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Perham, MN vs Waseca, MN

74
Perham
Minnesota
VS
+0.7%
73
Waseca
Minnesota

Perham, MN and Waseca, MN have a very similar cost of living, with only a 0.7% difference in their overall index. Perham scores 74 while Waseca 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 Perham is $813/month compared to $796/month in Waseca — a 2% difference. Home values follow the same pattern: Waseca is more affordable at $185,600 median vs $186,000.

Median household income in Perham is $47,088 compared to $61,546 in Waseca (-23.5%). Waseca offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Perham spend roughly 20.7% of their income on rent, more than the 15.5% in Waseca.

Climate-wise, Waseca is notably warmer with an average of 44.8°F compared to 40.4°F in Perham. Waseca receives more rainfall at 34.7" per year compared to 23.9" in Perham.

Income & Cost

Cost of Living Index
Perham
74
Waseca
73
1% cheaper
Median Household Income
Perham
$47,088
Waseca
$61,546
23% higher

Housing

Median Rent
Perham
$813
Waseca
$796
2% cheaper
Median Home Value
Perham
$186,000
Waseca
$185,600
Population
Perham
3,577
Waseca
9,209

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Perham 40.4°F
Waseca 44.8°F
Summer High
Perham 80°F
Waseca 80°F
Winter Low
Perham -3°F
Waseca 7°F
Rainfall
Perham 23.9"
Waseca 34.7"
Rainy Days
Perham 103d
Waseca 124d