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Eveleth, MN vs Truman, MN

63
Eveleth
Minnesota
VS
-5.9%
67
Truman
Minnesota

Eveleth is moderately more affordable than Truman, with a 5.9% lower cost of living index. Eveleth scores 63 compared to 67 for Truman, where the US average is 100. This difference means residents of Truman 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 $942/month in Truman — a 11% difference. Home values follow the same pattern: Eveleth is more affordable at $91,800 median vs $100,200.

Median household income in Eveleth is $47,721 compared to $59,095 in Truman (-19.2%). While Truman 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, more than the 19.1% in Truman.

Income & Cost

Cost of Living Index
Eveleth
63
6% cheaper
Truman
67
Median Household Income
Eveleth
$47,721
Truman
$59,095
19% higher

Housing

Median Rent
Eveleth
$839
11% cheaper
Truman
$942
Median Home Value
Eveleth
$91,800
8% cheaper
Truman
$100,200
Population
Eveleth
3,470
Truman
1,223

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Eveleth $2.97
Truman $2.97
US $3.07
🥚
Eggs (grade A, large)
Eveleth $2.42
Truman $2.43
US $2.50
🥛
Milk (whole)
Eveleth $3.90
Truman $3.91
US $4.03
🍞
Bread (white)
Eveleth $1.79
Truman $1.79
US $1.85
🍗
Chicken breast
Eveleth $4.01
Truman $4.02
US $4.14
Electricity
Eveleth $0.17
Truman $0.17
US $0.19