Median Home PriceBETTER
$241,512.21
Median Rent
$1,574.57/mo
Price-to-Rent RatioBETTER
12.8
Property Tax RateTIE
1.13%
Price Change (1Y)BETTER
+6.0%
Price Change (5Y)BETTER
+30.1%
Break-Even YearsBETTER
4 years
10-Year Wealth DifferenceBETTER
+$47,532
Median Home Price
$306,137.87
Median RentBETTER
$1,255.39/mo
Price-to-Rent Ratio
20.3
Property Tax RateTIE
1.13%
Price Change (1Y)
+4.0%
Price Change (5Y)
+20.2%
Break-Even Years
N/A
10-Year Wealth Difference
$145,696
Key Differences
Home Prices
Duluth's median home price of $241,512.21 is lower than St. Cloud's $306,137.87 by 21%.
Monthly Rent
Renting in Duluth costs $1,574.57/mo compared to $1,255.39/mo in St. Cloud—a difference of $319.18/mo.
Buy vs Rent Verdict
Duluth favors buying, while St. Cloud favors renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.