Housing costs in Duluth?
A typical home costs
$177,300, which is 47.6% less expensive than the national average of
$338,100 and 42.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Duluth costs
$1,040 per month, which is 16.1% cheaper than the national average of
$1,240 and 3.8% cheaper than the state average of
$1,080.
Can I afford Duluth?
To live comfortably in Duluth (zip 55807), Minnesota, a minimum annual income of
$33,840 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Duluth?
The cost of living in 55807 Duluth, MN is relatively low compared to the rest of the country. The overall living expenses are 8% lower than the USA average and the housing costs are a staggering 25% lower than the national average. Renters can expect to pay around $750 per month for a one bedroom apartment while homeowners can get a median home price of just over $125,000. Other expenses also tend to be much lower than other parts of the country with good quality groceries costing 13% less than the US average and healthcare expenses being 5% below that same benchmark. All in all, it's easy to see why so many people choose to live in this part of Minnesota.