Cost of Living in Waltham, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

103.3

100 = national avg

+3.3 vs national average

Living Wage (1 Adult)

$45,440

per year

Living Wage (Family of 4)

$107,404

per year

Cost Index by Category

Housing
89.7
Food
108.0
Transportation
115.9
Healthcare
106.4
Utilities
102.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$799

per month

2 Bedroom

$1,049

per month

The overall cost of living index in Waltham is 103.3, which is 3.3% above the national average. Housing costs are below the national average at an index of 89.7. A single adult needs to earn approximately $45,440 per year to cover basic expenses.