Cost of Living in Duluth, MN
Housing
The housing market plays a significant role in determining the cost of living in Duluth, MN.
- Housing Index: 110.0 / 100
- Median Home Price is: $242,500
- Average Rent (2 BR Apartment): $1450 per month
- Average Rent (2 BR House): $1600 per month
When considering a move to Duluth, MN, it's essential to analyze the housing data available. With a housing index of 110.0, the market suggests a higher cost of living compared to the national average. The median home price stands at 242500, indicating a significant investment for prospective homeowners. Additionally, renting a 2-bedroom apartment costs an average of 1450, while a 2-bedroom house is at 1600. It may be prudent to compare these figures to local wages and job opportunities to make a well-informed decision about your potential new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Duluth, MN.
- Electricity Price: $16.38 USD (median by state)
- Natural Gas Price: $14.87 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Duluth, MN could entail higher utility costs. Electricity costs sit at $16.38, while natural gas is priced at $14.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Duluth is a financially viable option for your relocation.