The cost of living in Wayzata, MN, exceeds the nationwide average by 35%. This increase is largely driven by higher housing costs, which are 35% above the national average. Other categories like groceries and utilities also show slight increases, with groceries at 5% and utilities at 2% above the average.
The cost of living in Wayzata, MN, shows some notable differences when compared to the nationwide average. Housing costs in Wayzata are 35% higher than the national average, with an index of 135. This means that expenses related to renting or buying a home are significantly higher for residents of Wayzata. Groceries, another essential expense, also cost more, with an index of 105, indicating a 5% increase over the national average.
Transportation costs in Wayzata are 12% above the average, with an index of 112. This suggests that commuting and vehicle-related expenses are somewhat higher than in other parts of the country. Healthcare costs, however, are slightly lower, with an index of 95, meaning they are 5% below the national average. Utilities and miscellaneous costs also show minor variations, with indices of 98 and 110, respectively, indicating slight decreases or increases compared to the average. Overall, while some areas show higher costs, others present more affordable options for residents.
