Housing costs in Duluth?
A typical home costs
$176,500, which is 47.8% less expensive than the national average of
$338,100 and 43.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Duluth costs
$1,080 per month, which is 12.9% cheaper than the national average of
$1,240 and close to the state average of
$1,080.
Can I afford Duluth?
To live comfortably in Duluth (zip 55805), Minnesota, a minimum annual income of
$33,840 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Duluth?
The cost of living in Duluth, MN (55805) is relatively low compared to the national average. The median home value is approximately $144,100, which is considerably lower than many other parts of the country. Additionally, the median rent for a two-bedroom apartment is just over $766 per month. Other living expenses are also much lower than average; groceries and utilities are especially inexpensive. Overall, Duluth offers an affordable cost of living that makes it an attractive option for people looking to save money while still enjoying all the amenities of a larger city.