According to the most recent data on the cost of living, Fergus Falls has an overall cost of living index of 90 which is 0.9x lower than the national index of 100.
Compared to only Minnesota, Fergus Falls has a cost of living index that's 0.9x lower than Minnesota's index of 104.
The standard of living in Fergus Falls ranks as #1,633 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Fergus Falls ranks as the #4,785 most expensive place in the North Star State.
Living Expense | Fergus Falls | Minnesota | National Average | |
---|---|---|---|---|
Overall | 90 | 104 | 100 | |
Services | 99 | 106 | 100 | |
Groceries | 109 | 102 | 100 | |
Health | 117 | 113 | 100 | |
Housing | 66 | 101 | 100 | |
Transportation | 100 | 102 | 100 | |
Utilities | 89 | 98 | 100 |
Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Fergus Falls | Minnesota | United States |
---|---|---|---|
Median Home Value | $142,700 | $235,700 | $229,800 |
Median Rent | $639 | $1,010 | $1,096 |
Median Income | $42,659 | $73,382 | $64,994 |
Home Value To Income | 3.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Item | Fergus Falls | Minnesota |
---|---|---|
Shampoo | $1.26 | $1.06 |
Movie | $11.0 | $10.68 |
Bowling | $4.03 | $14.67 |
Item | Fergus Falls | Minnesota |
---|---|---|
Ground Beef | $3.4 | $4.22 |
Fried Chicken | $1.84 | $1.39 |
Milk | $2.96 | $2.05 |
Item | Fergus Falls | Minnesota |
---|---|---|
Haircut | $18.03 | $18.62 |
Beauty Salon | $34.13 | $39.05 |
Toothpaste | $2.36 | $2.34 |
Item | Fergus Falls | Minnesota |
---|---|---|
Potatoes | $2.73 | $3.29 |
Pizza | $8.77 | $10.62 |
Beer | $9.04 | $9.38 |
Optometrist | $93.17 | $108.57 |
Doctor | $157.22 | $116.17 |
Dentist | $95.33 | $99.13 |
Item | Fergus Falls | Minnesota |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $50.47 | $50.07 |
All Electricity | $142.52 | $167.67 |
Phone | $25.3 | $175.64 |
City | Population | Cost Of Living | Vs. Fergus Falls |
---|---|---|---|
Alexandria, MN | 13,705 | 100 | 1.1x |
Detroit Lakes, MN | 9,229 | 97 | 1.1x |
Wahpeton, ND | 7,772 | 88 | 1.0x |
Morris, MN | 5,320 | 99 | 1.1x |