Cloquet, MN Cost Of Living
Cost Of Living In Cloquet, MN Summary
Cost of living in Cloquet research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cloquet is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cloquet is 99, with 100 being the average.
The cost of living index in Cloquet is 1.0x lower than the national average.
Cloquet ranks as the #42 cheapest in Minnesota out of 147.
Cloquet ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Cloquet is $155,900.
The median income in Cloquet is $55,007.
Table Of Contents
Cloquet's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Cloquet, MN?
According to the most recent data on the cost of living, Cloquet has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Minnesota, Cloquet has a cost of living index that's 1.0x higher than Minnesota's index of 95.
The standard of living in Cloquet ranks as #42 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Cloquet ranks as the #105 most expensive place in the North Star State.
For more reading on life in Cloquet, check out:
- Living In Cloquet
- Cloquet Crime Report
- Search Homes For Sale In Cloquet, MN
In Minnesota
In America
Cloquet Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Cloquet. Here is how it fairs on each of the criteria:
The Services index in Cloquet is 111.
The Groceries index in Cloquet is 110.
The Health index in Cloquet is 116.
The Housing index in Cloquet is 76.
The Transportation index in Cloquet is 100.
The Utilities index in Cloquet is 99.
| Living Expense | Cloquet | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 99 | 95 | 100 | |
| Services | 111 | 101 | 100 | |
| Groceries | 110 | 98 | 100 | |
| Health | 116 | 111 | 100 | |
| Housing | 76 | 83 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 99 | 95 | 100 | |
Cloquet, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Cloquet is $155,900.
The Median Rent in Cloquet is $871.
The Median Income in Cloquet is $55,007.
The Home Value To Income in Cloquet is 2.8x.
The Rent To Monthly Income in Cloquet is 0.19x.
| Statistic | Cloquet | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $155,900 | $250,200 | $244,900 |
| Median Rent | $871 | $1,081 | $1,163 |
| Median Income | $55,007 | $77,706 | $69,021 |
| Home Value To Income | 2.8x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Cloquet, MN Costs By Category
Detailed Cloquet Services Costs Vs. Minnesota
Detailed Cloquet Groceries Costs Vs. Minnesota
Detailed Cloquet Health Costs Vs. Minnesota
Detailed Cloquet Transportation Costs Vs. Minnesota
Detailed Cloquet Utilities Costs Vs. Minnesota
Cloquet SnackAbility
/10
Cost Of Living In Cities Around Cloquet
The cost of living varies in the cities and towns around Cloquet. Here's a quick look at the cost of living in the most populous nearby places:
Duluth, MN has a cost of living index of 102, 1.0x Cloquet.
Hermantown, MN has a cost of living index of 110, 1.1x Cloquet.
| City | Population | Cost Of Living | Vs. Cloquet |
|---|---|---|---|
| Duluth, MN | 86,711 | 102 | 1.0x |
| Hermantown, MN | 10,128 | 110 | 1.1x |
