Housing costs in Waite Park?
A typical home costs
$216,700, which is 35.9% less expensive than the national average of
$338,100 and 30.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Waite Park costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 24.0% cheaper than the state average of
$1,240.
Can I afford Waite Park?
To live comfortably in Waite Park, Minnesota, a minimum annual income of
$41,400 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Waite Park?
The cost of living in Waite Park, MN is relatively low compared to the national average. According to BestPlaces.net, the median home cost in Waite Park is $120,700 and the median family income is $47,964. This means that the city has an affordable housing market and most people are able to purchase a home without breaking the bank. Additionally, utilities, groceries, and transportation costs are all lower than the national average. This makes for an overall economical way of life in Waite Park.