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Cost of Living in Waltham Community Consolidated School District 185

Is it better to rent or buy in Waltham Community Consolidated School District 185? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$106,261
$1,196/mo

Median in area: $1,196

$239,102

Median in area: $239,102

$47,820

If you Rent

🔑
$1,448 /mo
Base Rent$1,196
Est. Utilities$252
% of Income16.4%
Pre-tax Residual$7,407

If you Buy

🏠
$2,006 /mo
P&I (7.032%)$1,277
Taxes & Ins$477
Est. Utilities$252
% of Income22.7%
Pre-tax Residual$6,849

Cost of Living FAQs

Is it cheaper to rent or buy in Waltham Community Consolidated School District 185?›

Based on median housing data, renting is currently more affordable on a monthly basis in Waltham Community Consolidated School District 185. The estimated all-in monthly cost for renting is $1,448, while owning a median-priced home with a 20% down payment is roughly $2,006 per month (a difference of $558).

How much do utilities cost in Waltham Community Consolidated School District 185?›

The average monthly utility cost (electricity and natural gas) for a typical home in Waltham Community Consolidated School District 185 is approximately $252. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Waltham Community Consolidated School District 185?›

To comfortably afford the median rent and utilities in Waltham Community Consolidated School District 185 without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $57,920 per year.