CostIndexUSA

Boulder, CO vs Duluth, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Boulder
105.2
overall index
$2,250/mo rent
More AffordableMN
Duluth
88.8
overall index
$1,750/mo rent

Duluth is significantly cheaper than Boulder — 15.6% lower overall cost of living.

To match an $80,000 salary in Boulder, you would need $67,500 in Duluth. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing54.7%
Boulder
157
Duluth
71.1
🛒 Groceries0.8%
Boulder
96.1
Duluth
95.3
🚗 Transportation7.6%
Boulder
104.8
Duluth
96.8
🏥 Healthcare7.6%
Boulder
94.8
Duluth
87.6
Utilities+5.6%
Boulder
82.7
Duluth
87.3

Salary Equivalency Calculator

Enter your current salary in Boulder to see what you'd need to earn in Duluth to maintain the same purchasing power.

$
Equivalent salary in Duluth, MN
$67,500
$12,500 less needed in Duluth

Formula: salary × (88.8 ÷ 105.2) = salary × 0.8441. Based on BEA Regional Price Parities.

Housing Market

Boulder, CO

Median Home Price
$702,000
Median Monthly Rent
$2,250
Housing Index
157
Price-to-Rent Ratio
26.0×

Duluth, MN

Median Home Price
$245,000
Median Monthly Rent
$1,750
Housing Index
71.1
Price-to-Rent Ratio
11.7×

Boulder has 54.7% lower housing costs compared to Duluth.

Income & Job Market

Boulder, CO

Median Household Income
$95,400
Per Capita Income
$54,400
Unemployment Rate
4.7%
Population
105,112
Top Industries
TechnologyEducationResearchHealthcareOutdoor Recreation

Duluth, MN

Median Household Income
$70,200
Per Capita Income
$40,000
Unemployment Rate
2.8%
Population
89,127
Top Industries
HealthcareEducationShippingManufacturingTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boulder, CO
3.5×income-to-rent ratio

72% of income left after rent (median)

Duluth, MN
3.3×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.