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Cost of Living in Lutsen, MN

Population: 234 | Minnesota

93
Cost of Living Index
US Average = 100

Lutsen is 7% less expensive than the national average.

77
Housing
114
Home Values
96
Regional Price

Cost of Living in Lutsen, MN: What You Need to Know

With a cost of living index of 93, Lutsen, MN is slightly more affordable than average. Living here is 7% cheaper than the national average and 11% above the Minnesota state average of 82. Lutsen is a small community of 234 residents.

Housing costs are the biggest factor in Lutsen's cost of living. The median monthly rent is $1,013 (23% below the US median of $1,319), and the median home value sits at $347,500 (14% above the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Lutsen is $78,750, which is 5% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Lutsen. The area sees an average annual temperature of 39.5°F, with summers averaging 58°F and winters around 18°F. Annual rainfall totals 25.9 inches spread over roughly 130 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$78,750
vs US Median ($75,149)
+5%

Housing

Median Rent
$1,013/mo
Median Home Value
$347,500
Median Monthly Housing Cost
$1,033/mo

Climate in Lutsen

NOAA 30-year normals (1991-2020)

39.5°F
Avg Temperature
25.9"
Rainfall / Year
130d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 24 27 35 45 55 62 70 70 63 52 39 29
Avg °F 15 18 27 37 47 53 60 62 56 45 33 22
Low °F 7 10 20 30 38 44 51 54 48 38 26 14
Rain" 0.8 0.9 1.2 2.2 2.5 3.7 3.1 2.4 2.7 3.0 1.9 1.5

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