Stockton, MN vs Waverly, MN
Stockton is moderately more affordable than Waverly, with a 7.8% lower cost of living index. Stockton scores 81 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 Stockton is $933/month compared to $913/month in Waverly — a 2% difference. Interestingly, home values tell a different story: while Waverly has cheaper rent, Stockton actually has lower median home values ($229,000 vs $284,600).
Median household income in Stockton is $83,438 compared to $113,269 in Waverly (-26.3%). 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 Stockton spend roughly 13.4% of their income on rent, more than the 9.7% in Waverly.
Climate-wise, both cities share similar average temperatures (48.8°F vs 46.7°F). Stockton receives more rainfall at 35.2" per year compared to 30.6" in Waverly.
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