Edgerton, MN vs Eveleth, MN

Edgerton, MN and Eveleth, MN have a very similar cost of living, with only a 0.6% difference in their overall index. Edgerton scores 63 while Eveleth scores 63 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 Edgerton is $681/month compared to $839/month in Eveleth — a 19% difference. Interestingly, home values tell a different story: while Edgerton has cheaper rent, Eveleth actually has lower median home values ($91,800 vs $132,800).

Median household income in Edgerton is $66,739 compared to $47,721 in Eveleth (+39.9%). Edgerton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgerton spend roughly 12.2% of their income on rent, less than the 21.1% in Eveleth.