Housing costs in Wayzata?
A typical home costs
$718,200, which is 112.4% more expensive than the national average of
$338,100 and 132.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wayzata costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 34.0% more than the state average of
$1,240.
Can I afford Wayzata?
To live comfortably in Wayzata, Minnesota, a minimum annual income of
$137,520 for a family, and
$61,200 for a single person is recommended.
What does A.I. say about Wayzata?
The cost of living in Wayzata, MN is quite high compared to the rest of the state. The median home value in Wayzata is $624,000 compared to Minnesota’s median home value of $221,600. Additionally, the median household income in Wayzata is $115,910 whereas Minnesota’s median income is just $68,388. The cost of groceries and other goods are also more expensive than those found in other parts of Minnesota. Despite the higher costs associated with living here, people find that the quality of life more than makes up for it with its stunning natural beauty and access to top-notch amenities and activities.