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Cost of Living in Carlton County

Is it better to rent or buy in Carlton County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$80,130
$1,002/mo

Median in area: $1,002

$247,914

Median in area: $247,914

$49,583

If you Rent

🔑
$1,278 /mo
Base Rent$1,002
Est. Utilities$276
% of Income19.1%
Pre-tax Residual$5,400

If you Buy

🏠
$1,906 /mo
P&I (7.16%)$1,341
Taxes & Ins$289
Est. Utilities$276
% of Income28.5%
Pre-tax Residual$4,772

Compare Nearby Areas

See how Carlton County stacks up against neighboring areas.

countyDouglas County, WI
$968/mo
countyAitkin County, MN
$1,008/mo
countyPine County, MN
$1,039/mo
countySt. Louis County, MN
$1,190/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Carlton County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Carlton County. The estimated all-in monthly cost for renting is $1,278, while owning a median-priced home with a 20% down payment is roughly $1,906 per month (a difference of $628).

How much do utilities cost in Carlton County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Carlton County is approximately $276. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Carlton County?›

To comfortably afford the median rent and utilities in Carlton County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $51,120 per year.