Atwater, MN vs Eveleth, MN

Eveleth is moderately more affordable than Atwater, with a 6.7% lower cost of living index. Atwater scores 68 compared to 63 for Eveleth, where the US average is 100. This difference means residents of Atwater can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Atwater is $736/month compared to $839/month in Eveleth — a 12% difference. Interestingly, home values tell a different story: while Atwater has cheaper rent, Eveleth actually has lower median home values ($91,800 vs $144,300).

Median household income in Atwater is $66,071 compared to $47,721 in Eveleth (+38.5%). While Atwater is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Atwater spend roughly 13.4% of their income on rent, less than the 21.1% in Eveleth.