Housing costs in Duluth?
A typical home costs
$300,100, which is 11.2% less expensive than the national average of
$338,100 and 3.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Duluth costs
$1,430 per month, which is 15.3% more than the national average of
$1,240 and 24.5% more than the state average of
$1,080.
Can I afford Duluth?
To live comfortably in Duluth (zip 55811), Minnesota, a minimum annual income of
$57,600 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Duluth?
The cost of living in 55811 Duluth, MN is much lower than the national average. According to BestPlaces, the cost of living index in the city is 77.7 (the U.S. average is 100). This means that basic goods such as groceries and housing are significantly cheaper than elsewhere in the country. Additionally, the median home price for 55811 Duluth, MN is just $192,000 which makes it an affordable option for those looking to purchase property. Overall, 55811 Duluth, MN provides a great quality of life at an affordable price point.