Eveleth, MN vs Little Falls, MN

Eveleth is moderately more affordable than Little Falls, with a 12.2% lower cost of living index. Eveleth scores 63 compared to 72 for Little Falls, where the US average is 100. This difference means residents of Little Falls can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eveleth is $839/month compared to $740/month in Little Falls — a 13% difference. Interestingly, home values tell a different story: while Little Falls has cheaper rent, Eveleth actually has lower median home values ($91,800 vs $198,100).

Median household income in Eveleth is $47,721 compared to $46,284 in Little Falls (+3.1%). Eveleth offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eveleth spend roughly 21.1% of their income on rent, more than the 19.2% in Little Falls.