Eveleth, MN vs Keewatin, MN
Eveleth, MN and Keewatin, MN have a very similar cost of living, with only a 2.8% difference in their overall index. Eveleth scores 63 while Keewatin scores 65 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 Eveleth is $839/month compared to $934/month in Keewatin — a 10% difference. Interestingly, home values tell a different story: while Eveleth has cheaper rent, Keewatin actually has lower median home values ($78,900 vs $91,800).
Median household income in Eveleth is $47,721 compared to $50,872 in Keewatin (-6.2%). While Keewatin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eveleth spend roughly 21.1% of their income on rent, less than the 22% in Keewatin.
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