Cost of Living in Two Harbors, MN
Population 3,598 · Minnesota · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Two Harbors a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $187,000. An unemployment rate of 1.0% points to a labor market well on the tight side of the national distribution.
Two Harbors lies roughly 160 miles northeast of the nearest major metro, St. Paul — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 33% lower than St. Paul's $280,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Two Harbors
The median home value in Two Harbors is $187,100 — 39% below the national median of $305,000. Median rent runs $879/month, 33% lower than the national median of $1,314/month. The median household income of $62,885/year is 16% lower than the US median of $74,580. The local unemployment rate is 1.0%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Two Harbors has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.
Two Harbors has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Two Harbors, MN?
Two Harbors has a cost index of 64 (100 = national average). It is 36% below the national average.
What is average rent in Two Harbors, MN?
The median gross rent in Two Harbors is $879 per month based on 2023 Census data.
What is the average home price in Two Harbors?
The median home value in Two Harbors is $187,100 according to Zillow and Census data.
What is the median income in Two Harbors?
The median household income in Two Harbors is $62,885 per year (2023 ACS 5-year estimates).
What is the sales tax in Two Harbors, MN?
The combined state and local sales tax rate in Two Harbors is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Two Harbors, MN affordable?
Yes, Two Harbors is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.
Two Harbors at a Glance
- Population
- 3,598
- Median Income
- $62,885
- Home Value
- $187,100
- Median Rent
- $879/mo
- Unemployment
- 1.0%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
Similar Cost Cities
Cities in other states with comparable housing costs