St. Stephen, MN vs Waverly, MN

St. Stephen is moderately more affordable than Waverly, with a 6.5% lower cost of living index. St. Stephen scores 82 compared to 88 for Waverly, where the US average is 100. This difference means residents of Waverly can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in St. Stephen is $1,025/month compared to $913/month in Waverly — a 12% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, St. Stephen actually has lower median home values ($237,600 vs $284,600).

Median household income in St. Stephen is $94,875 compared to $113,269 in Waverly (-16.2%). 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 St. Stephen spend roughly 13% 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 42.9°F in St. Stephen. Waverly receives more rainfall at 30.6" per year compared to 28.5" in St. Stephen.