Cloquet, MN vs Park Rapids, MN

Cloquet, MN and Park Rapids, MN have a very similar cost of living, with only a 3.3% difference in their overall index. Cloquet scores 77 while Park Rapids scores 79 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cloquet is $978/month compared to $912/month in Park Rapids — a 7% difference. Interestingly, home values tell a different story: while Park Rapids has cheaper rent, Cloquet actually has lower median home values ($200,100 vs $218,500).

Median household income in Cloquet is $63,854 compared to $45,800 in Park Rapids (+39.4%). Cloquet offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cloquet spend roughly 18.4% of their income on rent, less than the 23.9% in Park Rapids.