Florence, MN vs Walters, MN

Walters is moderately more affordable than Florence, with a 11.1% lower cost of living index. Florence scores 87 compared to 78 for Walters, where the US average is 100. This difference means residents of Florence can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Florence are $158,300 compared to $52,500 in Walters, a 202% gap.

Median household income in Florence is $42,500 compared to $35,781 in Walters (+18.8%). While Florence is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (45.1°F vs 45.6°F). Walters receives more rainfall at 36.3" per year compared to 29.6" in Florence.