Watkins, MN vs Wells, MN

Watkins, MN and Wells, MN have a very similar cost of living, with only a 4.9% difference in their overall index. Watkins scores 66 while Wells scores 62 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 Watkins is $760/month compared to $699/month in Wells — a 9% difference. Home values follow the same pattern: Wells is more affordable at $93,200 median vs $136,800.

Median household income in Watkins is $50,875 compared to $58,663 in Wells (-13.3%). Wells offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Watkins spend roughly 17.9% of their income on rent, more than the 14.3% in Wells.

Climate-wise, both cities share similar average temperatures (42.9°F vs 45.6°F). Wells receives more rainfall at 36.3" per year compared to 28.5" in Watkins.