Lutsen, MN vs Walters, MN
There is a significant gap in the cost of living between these two cities. Walters is 19.1% cheaper than Lutsen. With a cost index of 78 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Walters to Lutsen should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Lutsen are $347,500 compared to $52,500 in Walters, a 562% gap.
Median household income in Lutsen is $78,750 compared to $35,781 in Walters (+120.1%). While Lutsen 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 39.5°F in Lutsen. Walters receives more rainfall at 36.3" per year compared to 25.9" in Lutsen.
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Climate
NOAA 30-year normals (1991-2020)