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
$326,548.05
Median RentBETTER
$1,504.11/mo
Price-to-Rent Ratio
18.1
Property Tax RateTIE
1.13%
Price Change (1Y)
+1.3%
Price Change (5Y)
+6.6%
Break-Even Years
N/A
10-Year Wealth Difference
$205,672
Key Differences
Home Prices
Duluth's median home price of $241,512.21 is lower than St. Paul's $326,548.05 by 26%.
Monthly Rent
Renting in Duluth costs $1,574.57/mo compared to $1,504.11/mo in St. Paul—a difference of $70.46/mo.
Buy vs Rent Verdict
Duluth favors buying, while St. Paul favors renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.