CostIndexUSA

Denver, CO vs Duluth, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Denver
105.8
overall index
$1,850/mo rent
More AffordableMN
Duluth
88.8
overall index
$1,750/mo rent

Duluth is significantly cheaper than Denver — 16.1% lower overall cost of living.

To match an $80,000 salary in Denver, you would need $67,100 in Duluth. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing51.6%
Denver
146.9
Duluth
71.1
🛒 Groceries5.6%
Denver
101
Duluth
95.3
🚗 Transportation7.3%
Denver
104.4
Duluth
96.8
🏥 Healthcare7.3%
Denver
94.5
Duluth
87.6
Utilities0.7%
Denver
87.9
Duluth
87.3

Salary Equivalency Calculator

Enter your current salary in Denver to see what you'd need to earn in Duluth to maintain the same purchasing power.

$
Equivalent salary in Duluth, MN
$67,100
$12,900 less needed in Duluth

Formula: salary × (88.8 ÷ 105.8) = salary × 0.8393. Based on BEA Regional Price Parities.

Housing Market

Denver, CO

Median Home Price
$559,000
Median Monthly Rent
$1,850
Housing Index
146.9
Price-to-Rent Ratio
25.2×

Duluth, MN

Median Home Price
$245,000
Median Monthly Rent
$1,750
Housing Index
71.1
Price-to-Rent Ratio
11.7×

Denver has 51.6% lower housing costs compared to Duluth.

Income & Job Market

Denver, CO

Median Household Income
$103,100
Per Capita Income
$58,800
Unemployment Rate
3.6%
Population
715,522
Top Industries
TechnologyAerospaceEnergyHealthcareTourism

Duluth, MN

Median Household Income
$70,200
Per Capita Income
$40,000
Unemployment Rate
2.8%
Population
89,127
Top Industries
HealthcareEducationShippingManufacturingTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Denver, CO
4.6×income-to-rent ratio

78% of income left after rent (median)

Duluth, MN
3.3×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.