Cost of Living in Eveleth, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

77.2

100 = national avg

-22.8 vs national average

Living Wage (1 Adult)

$33,989

per year

Living Wage (Family of 4)

$80,338

per year

Cost Index by Category

Housing
71.0
Food
86.5
Transportation
72.9
Healthcare
89.2
Utilities
86.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$978

per month

2 Bedroom

$1,232

per month

The overall cost of living index in Eveleth is 77.2, which is 22.8% below the national average. Housing costs are below the national average at an index of 71.0. A single adult needs to earn approximately $33,989 per year to cover basic expenses.