The cost of living index in Two Harbors, MN, stands below the nationwide average of 100. Specifically, the overall cost of living index for Two Harbors is 92, which is 8% lower than the average. This suggests that residents of Two Harbors generally spend less on most living expenses compared to the national average.
Breaking it down, housing costs in Two Harbors are 5% below the average, groceries are 10% less expensive, and utilities are also 10% lower. Transportation costs are on par with the average, while healthcare costs are exactly at the national average. Miscellaneous expenses are the most significantly lower, at 15% below the average. This detailed breakdown helps potential job seekers understand where savings might be realized in Two Harbors.
Job seekers considering a move to Two Harbors, MN, will find the cost of living to be quite reasonable compared to the nationwide average. The housing index stands at 95, which is 5% lower than the national average of 100. This means that housing costs in Two Harbors are about 5% cheaper than the average place in the United States.
In other areas, Two Harbors also shows favorable numbers. The grocery index is at 90, which is 10% below the national average. Utilities cost 90 as well, matching the groceries at a 10% reduction. Transportation costs in Two Harbors are at 95, indicating a slight 5% decrease from the average. Healthcare costs remain at par with the national average, coming in at 100. However, miscellaneous expenses are a bit lower, with an index of 85, showing a 15% decrease. Overall, this data paints a picture of a city where the cost of living is generally more affordable than the national average in several key areas.
