Housing costs in Waltham?
A typical home costs
$251,300, which is 25.7% less expensive than the national average of
$338,100 and 18.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Waltham costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,240.
Can I afford Waltham?
To live comfortably in Waltham, Minnesota, a minimum annual income of
$48,240 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Waltham?
Waltham, MN is a great place to live with a low cost of living. The median home value in Waltham is around $164,700 and the median household income is just over $69,500. There are no major industries in the area, but the overall cost of living index is nearly 10% lower than the national average. Additionally, there are plenty of small business owners who provide goods and services to the local community at competitive rates. With its reasonable housing costs and an abundance of job opportunities, Waltham can provide residents with a comfortable lifestyle without breaking the bank.