Cost of Living in Waterville, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.0
100 = national avg
+2.0 vs national average
Living Wage (1 Adult)
$44,891
per year
Living Wage (Family of 4)
$106,106
per year
Cost Index by Category
Housing101.2
Food101.8
Transportation103.5
Healthcare101.4
Utilities101.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$822
per month
2 Bedroom
$1,078
per month
The overall cost of living index in Waterville is 102.0, which is 2.0% above the national average. Housing costs are above the national average at an index of 101.2. A single adult needs to earn approximately $44,891 per year to cover basic expenses.