Housing costs in Eveleth?
A typical home costs
$127,300, which is 62.3% less expensive than the national average of
$338,100 and 58.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Eveleth costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 25.3% cheaper than the state average of
$1,240.
Can I afford Eveleth?
To live comfortably in Eveleth, Minnesota, a minimum annual income of
$24,480 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Eveleth?
The cost of living in Eveleth, MN is much lower than the national average. The median home price is approximately $80,000, which is significantly lower than the state and national averages. Additionally, the cost of everyday living costs like food, transportation, and utilities are all below the U.S. averages as well. This makes it an ideal place to live for individuals and families on a budget who may be looking for a more affordable way of life.