Much like other places in this area, it is significantly less expensive compared to the United States as a whole. It is significantly less expensive compared to the city of Duluth.
Home prices
The price of the median home in Spooner is $101,200. This is about $3,620 (3%) lower in comparison to its surrounding areas.In comparison to the entire nation it is roughly $116,300 (53%) lower, and in comparison to the city of Duluth is approximately $62,100 (38%) lower.
Rents
In Spooner the median monthly rent is $624. This is roughly $53 (7%) lower compared to its surrounding areas.In comparison to the country as a whole it is approximately $438 (41%) lower, and is roughly $196 (23%) lower in comparison to the city of Duluth.
Nearby places
Shell Lake
Shell Lake is roughly 5 miles south of Spooner. Real estate prices there are a little more expensive. Shell Lake's median home cost is $124,200, which comes out to $23,000 (18%) higher than Spooner. Rents there are similar. In Shell Lake the median monthly rent is $652, which works out to $28 (4%) higher than Spooner.
Haugen
Haugen is about 14 miles south from Spooner. Housing prices there are similar. The value of the median home in Haugen is $97,800, which comes out to $3,400 (3%) lower than Spooner. The rent there is somewhat more expensive. In Haugen the median rent is $775 per month, which comes out to $151 (19%) higher than Spooner.
Minong
Minong is roughly 16 miles north of Spooner. Its real estate prices are somewhat less expensive. The median home in Minong is valued at $89,800, which comes out to $11,400 (12%) lower than Spooner. Rent there is somewhat more expensive. Minong's median rent is $737 a month, which comes out to $113 (15%) higher than Spooner.
Birchwood
Birchwood is approximately 17 miles southeast of Spooner. Real estate prices there are a bit less expensive. The median home cost in Birchwood is $88,800, which comes out to $12,400 (13%) lower than Spooner. Rents there are a little less expensive. In Birchwood the median rent is $594 a month, which works out to $30 (5%) lower than Spooner.
Cumberland
Cumberland is approximately 18 miles south from Spooner. The real estate prices there are somewhat more expensive. The cost of the median home in Cumberland is $123,500, which works out to $22,300 (18%) higher than Spooner. The rent there is pretty similar. In Cumberland the median monthly rent is $628, which is very similar to Spooner.