Waite Park, MN, features a cost of living index that varies slightly from the nationwide average of 100. Housing costs stand at 85, which means they are 15% lower than the national average. Additionally, groceries cost 95, which is 5% less than average.
Utilities, transportation, healthcare, and miscellaneous costs are all close to the national average, with only slight deviations. Utilities cost 90, or 10% lower. Transportation costs 92, which is 8% below the national average. Healthcare costs remain unchanged at 100, matching the national average. Miscellaneous costs are 97, which is 3% below the average. These figures make Waite Park a slightly more affordable option for those considering relocation or job opportunities.
The cost of living index in Waite Park, Minnesota, shows that residents experience a relatively lower cost of living compared to the nationwide average, which is set at 100. Housing costs in Waite Park are notably lower, with an index of 85. This means that housing expenses here are 15% below the national average. People moving to Waite Park can expect to spend less on their homes, which may free up funds for other living expenses.
Additionally, other areas such as groceries and utilities are close to the national average. The grocery index stands at 95, which indicates a 5% savings on food costs compared to the average American. Utilities, with an index of 90, are 10% below the national average, offering some relief in monthly bills. Transportation costs are slightly lower as well, with an index of 92, meaning they are 8% cheaper than the national average. Healthcare costs in Waite Park match the national average at 100, ensuring no extra burden in this critical area. Miscellaneous costs, with an index of 97, are just 3% below the national average, making everyday items and services only slightly less expensive.
