Housing costs in Waterville?
A typical home costs
$273,700, which is 19.0% less expensive than the national average of
$338,100 and 11.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Waterville costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 30.5% cheaper than the state average of
$1,240.
Can I afford Waterville?
To live comfortably in Waterville, Minnesota, a minimum annual income of
$52,560 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Waterville?
The cost of living in Waterville, MN is affordable and attractive. Housing costs are significantly lower than the national average, with the median home value being about $130,000. The cost of groceries and healthcare are also below the average for the U.S. overall. In addition, there are no state taxes on income or property, resulting in even more savings for residents of Waterville. As such, it is easy to find good deals on nearly everything in Waterville, which helps make life here more affordable compared to other parts of Minnesota and beyond.