What is the cost of living in Waseca, MN?
According to the most recent data on the cost of living, Waseca has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Minnesota, Waseca has a cost of living index that's 0.9x lower than Minnesota's index of 101.
The standard of living in Waseca ranks as #13 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Waseca ranks as the #138 most expensive place in the North Star State.
For more reading on life in Waseca, check out:
Waseca Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Waseca. Here is how it fares on each of the criteria:
The Services index in Waseca is 99.
The Groceries index in Waseca is 102.
The Health index in Waseca is 78.
The Housing index in Waseca is 98.
The Transportation index in Waseca is 108.
The Utilities index in Waseca is 100.
| Living Expense | Waseca | Minnesota | National Average |
|---|---|---|---|
| Overall | 93 | 101 | 100 |
| Services | 99 | 101 | 100 |
| Groceries | 102 | 99 | 100 |
| Health | 78 | 99 | 100 |
| Housing | 98 | 101 | 100 |
| Transportation | 108 | 103 | 100 |
| Utilities | 100 | 101 | 100 |
Waseca Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in Waseca Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Waseca, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Waseca is $241,936.
The Median Rent in Waseca is $903.
The Median Income in Waseca is $64,074.
The Home Value To Income in Waseca is 3.8x.
The Rent To Monthly Income in Waseca is 0.17x.
Waseca, MN Costs By Category
Detailed Waseca Services costs vs. Minnesota
Detailed Waseca Groceries costs vs. Minnesota
Detailed Waseca Health costs vs. Minnesota
Detailed Waseca Transportation costs vs. Minnesota
Waseca SnackAbility
Cost Of Living In Cities Around Waseca
The cost of living varies in the cities and towns around Waseca. Here's a quick look at the cost of living in the most populous nearby places:
Lakeville, MN has a cost of living index of 122, 1.3x Waseca.
Burnsville, MN has a cost of living index of 114, 1.2x Waseca.
Apple Valley, MN has a cost of living index of 114, 1.2x Waseca.
| City | Population | Cost Of Living | Vs. Waseca |
|---|---|---|---|
| Lakeville, MN | 74,354 | 122 | 1.3x |
| Burnsville, MN | 64,463 | 114 | 1.2x |
| Apple Valley, MN | 55,679 | 114 | 1.2x |
| Shakopee, MN | 46,012 | 114 | 1.2x |
| Savage, MN | 32,889 | 121 | 1.3x |
| Prior Lake, MN | 28,016 | 120 | 1.3x |
| Owatonna, MN | 26,498 | 98 | 1.1x |
| Farmington, MN | 23,902 | 112 | 1.2x |
| North Mankato, MN | 14,211 | 104 | 1.1x |
| St. Peter, MN | 12,185 | 97 | 1.0x |
