Lake George, MN vs Walters, MN

Walters is moderately more affordable than Lake George, with a 6.5% lower cost of living index. Lake George scores 83 compared to 78 for Walters, where the US average is 100. This difference means residents of Lake George can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lake George are $222,500 compared to $52,500 in Walters, a 324% gap.

Median household income in Lake George is $68,500 compared to $35,781 in Walters (+91.4%). While Lake George is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Walters is notably warmer with an average of 45.6°F compared to 40.4°F in Lake George. Walters receives more rainfall at 36.3" per year compared to 23.9" in Lake George.