Cost of living in International Falls research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means International Falls is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in International Falls is 86, with 100 being the average.
The cost of living index in International Falls is 0.9x lower than the national average.
International Falls ranks as the #2 cheapest in Minnesota out of 148.
International Falls ranks as the #639 cheapest out of 6,489 in the US.
The median home value in International Falls is $154,431.
The median income in International Falls is $61,043.
According to the most recent data on the cost of living, International Falls has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Minnesota, International Falls has a cost of living index that's 0.9x lower than Minnesota's index of 97.
The standard of living in International Falls ranks as #2 most affordable out of the 148 places we measured in Minnesota. By definition, that implies International Falls ranks as the #146 most expensive place in the North Star State.
For more reading on life in International Falls, check out:
Six factors go into calculating the cost of living index in International Falls. Here is how it fairs on each of the criteria:
The Services index in International Falls is 93.
The Groceries index in International Falls is 95.
The Health index in International Falls is 105.
The Housing index in International Falls is 62.
The Transportation index in International Falls is 97.
The Utilities index in International Falls is 110.
| Living Expense | International Falls | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 86 | 97 | 100 | |
| Services | 93 | 101 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 105 | 110 | 100 | |
| Housing | 62 | 100 | 100 | |
| Transportation | 97 | 95 | 100 | |
| Utilities | 110 | 94 | 100 | |
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in International Falls is $154,431.
The Median Rent in International Falls is $753.
The Median Income in International Falls is $61,043.
The Home Value To Income in International Falls is 2.5x.
The Rent To Monthly Income in International Falls is 0.15x.
| Statistic | International Falls | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $154,431 | $344,484 | $303,400 |
| Median Rent | $753 | $1,235 | $1,348 |
| Median Income | $61,043 | $87,556 | $78,538 |
| Home Value To Income | 2.5x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.21x |
| Item | International Falls | Minnesota |
|---|---|---|
| Shampoo | $1.04 | $1.28 |
| Movie | $8.02 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $22.5 | $24.26 |
| Beauty Salon | $38.0 | $45.56 |
| Item | International Falls | Minnesota |
|---|---|---|
| Ground Beef | $5.52 | $5.84 |
| Fried Chicken | $1.38 | $1.57 |
| Milk | $4.48 | $4.67 |
| Potatoes | $4.94 | $4.93 |
| Pizza | $10.49 | $12.09 |
| Beer | $10.11 | $10.41 |
| Toothpaste | $3.88 | $3.7 |
| Item | International Falls | Minnesota |
|---|---|---|
| Optometrist | $140.67 | $125.68 |
| Doctor | $169.5 | $135.78 |
| Dentist | $96.0 | $113.29 |
| Item | International Falls | Minnesota |
|---|---|---|
| Gasoline | $3.27 | $3.46 |
| Tire Balancing | $57.0 | $59.92 |
| Item | International Falls | Minnesota |
|---|---|---|
| All Electricity | $222.79 | $193.99 |
| Phone | $191.52 | $192.25 |