Cost of Living: Duluth, MN vs Raymore, MO

Housing

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

Metric Duluth Raymore
Housing Index 110.0 95.0
Median Home Price $242,500 $350,000
Average Rent (2 BR Apartment) $1450 $1200
Average Rent (2 BR House) $1600 $1360

Housing Comparison: Duluth vs Raymore

  • The median home price in Raymore is higher at $350,000, compared to $242,500 in Duluth.
  • Renting a two-bedroom apartment costs more in Duluth at $1,450 than in Raymore 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 Duluth Raymore
Electricity Price $16.38 $14.64
Natural Gas Price $14.87 $23.25
Other Utilities $200 $250

Utilities Comparison: Duluth vs Raymore

  • Electricity costs are higher in Duluth at $16.38 per kWh, compared to $14.64 in Raymore.
  • Raymore experiences higher natural gas costs at $23.25 per unit, with costs at $14.87 in Duluth.
  • Raymore has higher utility expenses, averaging $250, while Duluth averages $200.