Cost of Living: Cloquet, MN vs Montgomery, IL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Cloquet Montgomery
Housing Index 90.0 85.0
Median Home Price $263,000 $260,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1225 $1245

Housing Comparison: Cloquet vs Montgomery

  • In Cloquet, the median home price is higher at $263,000, while in Montgomery it is $260,000.
  • The rent for a two-bedroom apartment is equal in both Cloquet and Montgomery at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Cloquet Montgomery
Electricity Price $16.38 $16.15
Natural Gas Price $14.87 $16.59
Other Utilities $200 $200

Utilities Comparison: Cloquet vs Montgomery

  • Electricity costs are higher in Cloquet at $16.38 per kWh, compared to $16.15 in Montgomery.
  • Montgomery experiences higher natural gas costs at $16.59 per unit, with costs at $14.87 in Cloquet.
  • Utility expenses are equal in both Cloquet and Montgomery averaging $200.