Little Falls, MN Cost Of Living
Cost Of Living In Little Falls, MN Summary
Cost of living in Little 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 Little 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 Little Falls is 96, with 100 being the average.
The cost of living index in Little Falls is 1.0x lower than the national average.
Little Falls ranks as the #24 cheapest in Minnesota out of 148.
Little Falls ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Little Falls is $271,157.
The median income in Little Falls is $46,284.
Table Of Contents
Little Falls's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Little Falls, MN?
According to the most recent data on the cost of living, Little Falls has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Minnesota, Little Falls has a cost of living index that's 1.0x lower than Minnesota's index of 97.
The standard of living in Little Falls ranks as #24 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Little Falls ranks as the #124 most expensive place in the North Star State.
For more reading on life in Little Falls, check out:
In Minnesota
In America
Little Falls Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Little Falls. Here is how it fairs on each of the criteria:
The Services index in Little Falls is 110.
The Groceries index in Little Falls is 98.
The Health index in Little Falls is 125.
The Housing index in Little Falls is 75.
The Transportation index in Little Falls is 98.
The Utilities index in Little Falls is 95.
| Living Expense | Little Falls | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 96 | 97 | 100 | |
| Services | 110 | 101 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 125 | 110 | 100 | |
| Housing | 75 | 100 | 100 | |
| Transportation | 98 | 95 | 100 | |
| Utilities | 95 | 94 | 100 | |
Little Falls, MN Housing Cost Breakdown
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 Little Falls is $271,157.
The Median Rent in Little Falls is $740.
The Median Income in Little Falls is $46,284.
The Home Value To Income in Little Falls is 5.9x.
The Rent To Monthly Income in Little Falls is 0.19x.
| Statistic | Little Falls | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $271,157 | $344,484 | $303,400 |
| Median Rent | $740 | $1,235 | $1,348 |
| Median Income | $46,284 | $87,556 | $78,538 |
| Home Value To Income | 5.9x | 3.9x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Little Falls, MN Costs By Category
Detailed Little Falls Services Costs Vs. Minnesota
| Item | Little Falls | Minnesota |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $11.24 | $12.13 |
| Bowling | $26.39 | $18 |
| Haircut | $27.97 | $24.26 |
| Beauty Salon | $37.17 | $45.56 |
Detailed Little Falls Groceries Costs Vs. Minnesota
| Item | Little Falls | Minnesota |
|---|---|---|
| Ground Beef | $5.75 | $5.84 |
| Fried Chicken | $1.35 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $4.86 | $4.93 |
| Pizza | $13.07 | $12.09 |
| Beer | $9.52 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Little Falls Health Costs Vs. Minnesota
| Item | Little Falls | Minnesota |
|---|---|---|
| Optometrist | $109.94 | $125.68 |
| Doctor | $162.98 | $135.78 |
| Dentist | $96.9 | $113.29 |
Detailed Little Falls Transportation Costs Vs. Minnesota
| Item | Little Falls | Minnesota |
|---|---|---|
| Gasoline | $3.31 | $3.46 |
| Tire Balancing | $61.97 | $59.92 |
Detailed Little Falls Utilities Costs Vs. Minnesota
| Item | Little Falls | Minnesota |
|---|---|---|
| All Electricity | $175.69 | $193.99 |
| Phone | $188.55 | $192.25 |
Little Falls SnackAbility
/10
Cost Of Living In Cities Around Little Falls
The cost of living varies in the cities and towns around Little Falls. Here's a quick look at the cost of living in the most populous nearby places:
St. Cloud, MN has a cost of living index of 98, 1.0x Little Falls.
Sartell, MN has a cost of living index of 108, 1.1x Little Falls.
Alexandria, MN has a cost of living index of 101, 1.1x Little Falls.
| City | Population | Cost Of Living | Vs. Little Falls |
|---|---|---|---|
| St. Cloud, MN | 69,926 | 98 | 1.0x |
| Sartell, MN | 19,620 | 108 | 1.1x |
| Alexandria, MN | 14,579 | 101 | 1.1x |
| Brainerd, MN | 14,474 | 95 | 1.0x |
| Sauk Rapids, MN | 13,851 | 101 | 1.1x |
| Baxter, MN | 8,804 | 107 | 1.1x |
| Waite Park, MN | 8,341 | 100 | 1.0x |
| St. Joseph, MN | 7,024 | 101 | 1.1x |
