Waltham township, MN Cost of Living


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Waltham township cost of living score
76.3
Less expensive
23.7% lower
than the US average
21.5% lower
than the Minnesota average
Waltham township, Minnesota gets a BestPlaces Cost of Living score of 76.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.7% lower than the U.S. average and 21.5% higher than the average for Minnesota.

Waltham township, MN

Housing costs in Waltham township?
A typical home costs $345,500, which is 2.2% more expensive than the national average of $338,100 and 11.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Waltham township costs $1,020 per month, which is 28.7% cheaper than the national average of $1,430 and 21.6% cheaper than the state average of $1,240.

Can I afford Waltham township?
To live comfortably in Waltham township, Minnesota, a minimum annual income of $66,240 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Waltham township?
The cost of living in Waltham township, MN is quite reasonable compared to other towns and cities in the area. According to Sperling's Best Places, the overall cost of living index for Waltham is 74.3, which is lower than Minnesota's overall index of 101.1. Housing costs are particularly low, with a median home value estimated at $178,100 and median rental costs at just under $1,000 per month. Groceries are also relatively affordable, with numerous discount stores located throughout the township. All in all, Waltham provides a great quality of life at an affordable price point.
   Cost of living score
     CategoriesWaltham townshipMinnesotaUnited States
  76.397.2100.0
  94.997.2100
  89.178.3100.0
  77.7102.9100.0
  $345,500$309,500$338,100
  98.6%95.7%100.0%
  67.096.4100.0
  94.1117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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