Cost of Living: Rochester, MN vs Waverly, TN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Rochester Waverly
Housing Index 120.0 85.0
Median Home Price $335,000 $200,000
Average Rent (2 BR Apartment) $1500 $1000
Average Rent (2 BR House) $1600 $1025

Housing Comparison: Rochester vs Waverly

  • In Rochester, the median home price is higher at $335,000, while in Waverly it is $200,000.
  • Renting a two-bedroom apartment costs more in Rochester at $1,500 than in Waverly at $1,000.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Rochester Waverly
Electricity Price $16.38 $12.57
Natural Gas Price $14.87 $12.35
Other Utilities $250 $200

Utilities Comparison: Rochester vs Waverly

  • Electricity costs are higher in Rochester at $16.38 per kWh, compared to $12.57 in Waverly.
  • Natural gas is more expensive in Rochester at $14.87 per unit, while it is cheaper at $12.35 in Waverly.
  • Other utility costs are higher in Rochester at an average of $250, compared to Waverly with $200.