According to the most recent data on the cost of living, Waconia has an overall cost of living index of 112 which is 1.1x higher than the national index of 100.
Compared to only Minnesota, Waconia has a cost of living index that's 1.1x higher than Minnesota's index of 104.
The standard of living in Waconia ranks as #4292 most affordable out of the 6522 places we measured in Minnesota. By definition, that implies Waconia ranks as the #2114 most expensive place in the North Star State.
|Living Expense||Waconia||Minnesota||National Average|
Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|City||Population||Cost Of Living||Vs. Waconia||Eden Prairie, MN||63,900||123||1.1x||Minnetonka, MN||52,546||121||1.1x||Chaska, MN||25,998||112||1.0x||Prior Lake, MN||25,880||118||1.1x||Chanhassen, MN||25,357||125||1.1x||Mound, MN||9,412||109||1.0x||Victoria, MN||9,032||129||1.2x||Orono, MN||8,015||157||1.4x||Shorewood, MN||7,752||135||1.2x||Minnetrista, MN||7,408||145||1.3x|