Holloway, MN vs Waltham, MN

There is a significant gap in the cost of living between these two cities. Holloway is 25% cheaper than Waltham. With a cost index of 56 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Holloway to Waltham should plan for substantially higher expenses across most categories.

On the housing front, median rent in Holloway is $581/month compared to $1,069/month in Waltham — a 46% difference. Home values follow the same pattern: Holloway is more affordable at $63,800 median vs $112,500.

Median household income in Holloway is $45,625 compared to $75,833 in Waltham (-39.8%). 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 Holloway spend roughly 15.3% of their income on rent, less than the 16.9% in Waltham.

Climate-wise, both cities share similar average temperatures (42.5°F vs 44.8°F). Waltham receives more rainfall at 34.7" per year compared to 24.1" in Holloway.