Wabasso, MN vs Waterville, MN
There is a significant gap in the cost of living between these two cities. Wabasso is 22.8% cheaper than Waterville. With a cost index of 61 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wabasso to Waterville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Wabasso is $633/month compared to $835/month in Waterville — a 24% difference. Home values follow the same pattern: Wabasso is more affordable at $105,100 median vs $216,700.
Median household income in Wabasso is $63,900 compared to $67,721 in Waterville (-5.6%). Waterville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Wabasso spend roughly 11.9% of their income on rent, less than the 14.8% in Waterville.
Climate-wise, both cities share similar average temperatures (45.4°F vs 46.7°F). Waterville receives more rainfall at 30.6" per year compared to 28" in Wabasso.
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