Cost Of Living in Wabasso, MN

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Wabasso	Minnesota	National
Cost of living	84	99	100
Goods & Services	98	100	100
Groceries	99	98	100
Health care	111	109	100
Housing	54	100	100
Transportation	95	97	100
Utilities	92	93	100

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Cost Of Living Quick Facts

The cost of living in Wabasso is 15% lower than the Minnesota average
The cost of living in Wabasso is 16% lower than the national average
Wabasso housing is 46% lower than the national average
Minnesota general sales tax is 35% higher than the national average
Minnesota state income tax is 106% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$57,500	$4,792	$1,342	$1,725
Renters	$22,865	$1,905	$533	$686

Minnesota Sales Tax

State	General Sales Tax	With Max Surtax
Minnesota	6.875%	7.875%

Minnesota Income Tax

State	Income Tax (Low)	Income Tax (High)
Minnesota	5.35%	9.85%

Goods & Services

Item	Wabasso	National avg.	Difference
Haircut	$25.06	$24.26	3.3%
Beauty Salon	$40.42	$45.56	11.3%
Toothpaste	$3.74	$3.70	1.1%
Shampoo	$1.45	$1.28	13.5%
Movie	$10.06	$12.13	17.1%
Bowling	$15.00	$18.00	16.7%

Groceries

Item	Wabasso	National avg.	Difference
Ground Beef	$5.78	$5.84	1.1%
Fried Chicken	$1.41	$1.57	10.4%
Milk	$4.58	$4.67	1.9%
Potatoes	$4.68	$4.93	5.2%
Pizza	$12.97	$12.09	7.3%
Beer	$9.18	$10.41	11.8%

Health Care

Item	Wabasso	National avg.	Difference
Optometrist	$144.10	$125.68	14.7%
Doctor	$181.22	$135.78	33.5%
Dentist	$110.22	$113.29	2.7%
Ibuprofen	$11.40	$10.65	7.0%
Lipitor	$486.32	$468.60	3.8%

Housing

Item	Wabasso	National avg.	Difference
Home Price	$91,100.00	$184,700.00	50.7%
Avg. Mortgage Payment	$1,813.63	$2,346.69	22.7%
Apartment Rent	$601.00	$949.00	36.7%

Transportation

Item	Wabasso	National avg.	Difference
Gasoline	$3.31	$3.46	4.2%
Tire Balancing	$54.83	$59.92	8.5%

Utilities

Item	Wabasso	National avg.	Difference
All Electricity	$169.27	$193.99	12.7%
Phone	$191.10	$192.25	0.6%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Revere, MN	67	75	25.4%
Delhi, MN	38	76	24.4%
Seaforth, MN	67	78	22.4%
Sanborn, MN	302	78	21.8%
Wanda, MN	94	78	21.5%
Wabasso, MN	738	84	15.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Briny Breezes, FL	738	107	6.5%
Chemung, IL	738	91	8.9%
Vermont, IL	738	77	22.9%
Doyline, LA	738	82	17.9%
Glen Park, NY	738	99	1.2%
Wabasso, MN	738	84	15.7%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Wabasso, MN