Waite Park, MN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index is 93, which is 7% lower than the national average of 100. This makes the city an attractive option for those seeking more affordable living conditions. The housing index at 90 and transportation costs at 90 also reflect this trend, providing significant savings in these key areas.
The cost of living index in Waite Park, MN, shows a generally favorable comparison to the nationwide average, which is set at 100. Housing costs in Waite Park are slightly lower, with an index of 90. This means residents can expect to pay about 10% less for housing compared to the national average. The lower housing costs can be a significant advantage for those looking to settle in Waite Park.
Other expenses also reflect a similar trend. Groceries in Waite Park have an index of 95, indicating a 5% savings on food costs. Utilities are slightly above average at 98, showing minimal difference in cost. Transportation costs are at 90, which again suggests a 10% reduction. Healthcare costs are exactly at the national average of 100, meaning no significant savings or extra costs. Miscellaneous expenses, with an index of 92, suggest a modest 8% savings. Overall, Waite Park offers a cost of living that is competitive with the national average, with some areas providing notable savings.
