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Goodridge, MN vs Waltham, MN

78
Goodridge
Minnesota
VS
+3.3%
75
Waltham
Minnesota

Goodridge, MN and Waltham, MN have a very similar cost of living, with only a 3.3% difference in their overall index. Goodridge scores 78 while Waltham scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Goodridge are $50,800 compared to $112,500 in Waltham, a 55% gap.

Median household income in Goodridge is $39,821 compared to $75,833 in Waltham (-47.5%). Waltham offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Waltham is notably warmer with an average of 44.8°F compared to 37.7°F in Goodridge. Waltham receives more rainfall at 34.7" per year compared to 24.3" in Goodridge.

Income & Cost

Cost of Living Index
Goodridge
78
Waltham
75
3% cheaper
Median Household Income
Goodridge
$39,821
Waltham
$75,833
47% higher

Housing

Median Rent
Goodridge
Waltham
$1,069
Median Home Value
Goodridge
$50,800
55% cheaper
Waltham
$112,500
Population
Goodridge
64
Waltham
185

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Goodridge 37.7°F
Waltham 44.8°F
Summer High
Goodridge 78°F
Waltham 80°F
Winter Low
Goodridge -6°F
Waltham 7°F
Rainfall
Goodridge 24.3"
Waltham 34.7"
Rainy Days
Goodridge 117d
Waltham 124d