Cost of Living in Cloquet, MN
Housing
The housing market plays a significant role in determining the cost of living in Cloquet, MN.
- Housing Index: 103 / 100
- Median Home Price is: $263,000
- Average Rent (2 BR Apartment): $1560 per month
- Average Rent (2 BR House): $1696 per month
Considering your interest in relocating to Cloquet, MN, the current housing index of 103 suggests a relatively affordable market compared to the national average. With a median home price of 263000, purchasing a home could be a sound financial investment. Additionally, renting options for a 2-bedroom apartment average 1560, while a 2-bedroom house averages 1696, both providing flexible living accommodations. Keep in mind that overall living costs, local amenities, and job opportunities will also play vital roles in your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cloquet, 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.): $233 per month
Living in Cloquet, 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 $233 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 Cloquet is a financially viable option for your relocation.