Cost of Living in Waseca, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.2
100 = national avg
-4.8 vs national average
Living Wage (1 Adult)
$41,878
per year
Living Wage (Family of 4)
$98,984
per year
Cost Index by Category
Housing95.1
Food97.0
Transportation91.7
Healthcare97.6
Utilities97.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Waseca is 95.2, which is 4.8% below the national average. Housing costs are below the national average at an index of 95.1. A single adult needs to earn approximately $41,878 per year to cover basic expenses.