Hamburg, MN vs Waltham, MN

Waltham is moderately more affordable than Hamburg, with a 8.7% lower cost of living index. Hamburg scores 82 compared to 75 for Waltham, where the US average is 100. This difference means residents of Hamburg can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hamburg is $873/month compared to $1,069/month in Waltham — a 18% difference. Interestingly, home values tell a different story: while Hamburg has cheaper rent, Waltham actually has lower median home values ($112,500 vs $229,200).

Median household income in Hamburg is $78,125 compared to $75,833 in Waltham (+3%). Hamburg does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hamburg spend roughly 13.4% of their income on rent, less than the 16.9% in Waltham.

Climate-wise, both cities share similar average temperatures (46.7°F vs 44.8°F). Waltham receives more rainfall at 34.7" per year compared to 30.6" in Hamburg.