Claremont, MN vs Waltham, MN

Claremont is moderately more affordable than Waltham, with a 10.1% lower cost of living index. Claremont scores 68 compared to 75 for Waltham, where the US average is 100. This difference means residents of Waltham can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Claremont is $850/month compared to $1,069/month in Waltham — a 21% difference. Interestingly, home values tell a different story: while Claremont has cheaper rent, Waltham actually has lower median home values ($112,500 vs $114,100).

Median household income in Claremont is $66,458 compared to $75,833 in Waltham (-12.4%). While Waltham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Claremont spend roughly 15.3% of their income on rent, less than the 16.9% in Waltham.