Housing costs in Waterville?
A typical home costs
$261,300, which is 22.7% less expensive than the national average of
$338,100 and 15.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Waterville costs
$930 per month, which is 25.0% cheaper than the national average of
$1,240 and 50.5% cheaper than the state average of
$1,400.
Can I afford Waterville?
To live comfortably in Waterville (zip 56096), Minnesota, a minimum annual income of
$50,040 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Waterville?
The cost of living in 56096 Waterville, MN is relatively low compared to other cities in the United States. According to data from The Council for Community and Economic Research, the cost of living index for Waterville is 82.8, which is much lower than the national average of 100. In addition, housing costs are also very affordable with a median home price of around $137,250 and a median rent of $752 per month. Furthermore, basic necessities like groceries are also reasonably priced, making Waterville an attractive choice for those looking for a financially secure place to live.