The aim of this study was to analyze and evaluate the development of separate municipal waste collection and the financing of waste management in five selected villages (Bánov, Komjatice, Svodín, Svätý Peter, and Trnovec nad Váhom) within the Nitra Self-Governing Region during the period 2018-2023. The results indicate that, on average, the villages incurred annual waste management costs of €98,660, corresponding to €31 per inhabitant. Despite generating annual revenues averaging €66,734 (€21.40 per inhabitant), the economic balance remained negative, with an average deficit of €31,926 (€9.60 per inhabitant). These findings suggest that although progress has been achieved in waste sorting and cost recovery, further improvements are necessary—particularly in reducing financial deficits and enhancing sorting efficiency—to meet and exceed European waste management targets. The trends observed in the Slovak Republic are consistent with findings from international studies, which confirm that the volume of municipal waste tends to increase alongside rising living standards. At the same time, waste separation rates have also improved, largely as a result of supportive legislative frameworks in the Slovak Republic.