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 100, with 100 being the average.
The cost of living index in Cloquet is 1.0x lower than the national average.
Cloquet ranks as the #43 cheapest in Minnesota out of 148.
Cloquet ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in Cloquet is $259,740.
The median income in Cloquet is $63,854.
According to the most recent data on the cost of living, Cloquet has an overall cost of living index of 100, 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 97.
The standard of living in Cloquet ranks as #43 most affordable out of the 148 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:
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 109.
The Groceries index in Cloquet is 99.
The Health index in Cloquet is 124.
The Housing index in Cloquet is 87.
The Transportation index in Cloquet is 99.
The Utilities index in Cloquet is 93.
| Living Expense | Cloquet | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 100 | 97 | 100 | |
| Services | 109 | 101 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 124 | 110 | 100 | |
| Housing | 87 | 100 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 93 | 94 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Cloquet is $259,740.
The Median Rent in Cloquet is $978.
The Median Income in Cloquet is $63,854.
The Home Value To Income in Cloquet is 4.1x.
The Rent To Monthly Income in Cloquet is 0.18x.
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 99, 1.0x Cloquet.
Hermantown, MN has a cost of living index of 114, 1.1x Cloquet.
| City | Population | Cost Of Living | Vs. Cloquet |
|---|---|---|---|
| Duluth, MN | 86,863 | 99 | 1.0x |
| Hermantown, MN | 10,192 | 114 | 1.1x |