Cost of Living in Duluth

Cost Breakdown by Category

Index values. National average = 100. Lower is more affordable.

Detailed Cost Breakdown

Estimated specific prices in Duluth (2026 values, USD).

💰 Purchasing Power

With a median income of $65,400 and a cost of living index of 108, the purchasing power-adjusted income in Duluth is $60,556.

This means you need a lower income in Duluth to match the purchasing power of an average US city.

→ See take-home pay for every salary in Minnesota

🔗 Helpful Tools

Financial Reality in Duluth

With a cost of living index of 108, Duluth costs 8% more than the national average. Here is what that means in practical terms for your household budget.

Housing affordability: The median home price of $369,000 represents a 5.6x home-price-to-income ratio against the median household income of $65,400. This is a challenging affordability ratio. Dual incomes or above-median earnings are typically needed for homeownership. Using the 28% rule, the median household can allocate $1,526/month to housing costs.

Rent burden: At $1,310/mo, rent consumes approximately 24% of the median gross household income. This is within the 30% guideline that financial advisors recommend.

Purchasing power: The median income of $65,400 has a purchasing power equivalent to $60,556 in an average-cost US city. That represents a loss of $4,844.0 in effective buying power compared to the nominal salary.

Common Questions About Living in Duluth

How much do I need to earn to live comfortably in Duluth? Based on local costs, a household income of at least $52,400.0 is needed to rent comfortably (using the 40x rent rule), or roughly $105,429+ to afford the median home. These are minimums — factor in your specific debt obligations, savings goals, and lifestyle expenses.

Is it cheaper to rent or buy in Duluth? With median rent at $1,310/mo and median home prices at $369,000, the rent-to-buy ratio favors renting in the short term, as buying requires significant upfront capital. Run the numbers with a mortgage calculator using current rates for your specific situation.

How does Duluth compare to similar cities? Use the comparison links below to see Duluth side-by-side with other cities. The most meaningful comparisons are with cities in the same region, similar population size, or cities you are considering for a move. Pay attention to category-level differences, not just the overall index.

📚 Moving & Relocation Resources

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