| Index | Farwell | Minnesota | National |
| Cost of living | 88 | 99 | 100 |
| Goods & Services | 109 | 100 | 100 |
| Groceries | 97 | 98 | 100 |
| Health care | 124 | 109 | 100 |
| Housing | 50 | 100 | 100 |
| Transportation | 99 | 97 | 100 |
| Utilities | 93 | 93 | 100 |


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| Cost of living index | |
| Goods & Services index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $31,250 | $2,604 | $729 | $938 |
| Renters | $0 | $0 | $0 | $0 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| Item | Farwell | National avg. | Difference |
| Haircut | $27.97 | $24.26 | 15.3% |
| Beauty Salon | $37.17 | $45.56 | 18.4% |
| Toothpaste | $3.62 | $3.70 | 2.2% |
| Shampoo | $1.52 | $1.28 | 18.6% |
| Movie | $11.24 | $12.13 | 7.4% |
| Bowling | $26.39 | $18.00 | 46.6% |
| Item | Farwell | National avg. | Difference |
| Ground Beef | $5.75 | $5.84 | 1.5% |
| Fried Chicken | $1.35 | $1.57 | 13.9% |
| Milk | $4.58 | $4.67 | 2.0% |
| Potatoes | $4.86 | $4.93 | 1.4% |
| Pizza | $13.07 | $12.09 | 8.2% |
| Beer | $9.52 | $10.41 | 8.5% |
| Item | Farwell | National avg. | Difference |
| Optometrist | $109.94 | $125.68 | 12.5% |
| Doctor | $162.98 | $135.78 | 20.0% |
| Dentist | $96.90 | $113.29 | 14.5% |
| Ibuprofen | $10.88 | $10.65 | 2.1% |
| Lipitor | $492.95 | $468.60 | 5.2% |
| Item | Farwell | National avg. | Difference |
| Home Price | $92,500.00 | $184,700.00 | 49.9% |
| Avg. Mortgage Payment | $1,954.72 | $2,346.69 | 16.7% |
| Apartment Rent | $0.00 | $949.00 | 100.0% |
| Item | Farwell | National avg. | Difference |
| Gasoline | $3.31 | $3.46 | 4.3% |
| Tire Balancing | $61.97 | $59.92 | 3.4% |
| Item | Farwell | National avg. | Difference |
| All Electricity | $175.69 | $193.99 | 9.4% |
| Phone | $188.55 | $192.25 | 1.9% |
| City | Population | Cost of Living Index | National Avg. |
| Kensington, MN | 229 | 86 | 14.2% |
| Barrett, MN | 364 | 89 | 11.3% |
| Cyrus, MN | 333 | 89 | 11.0% |
| Hoffman, MN | 585 | 89 | 10.7% |
| Lowry, MN | 345 | 91 | 9.1% |
| Farwell, MN | 26 | 88 | 12.1% |
| City | Population | Cost of Living Index | National Avg. |
| Ko Vaya, AZ | 26 | 106 | 5.9% |
| Alderpoint, CA | 26 | 112 | 11.6% |
| Macdoel, CA | 26 | 103 | 3.3% |
| Towner, CO | 26 | 99 | 1.4% |
| Boykin, GA | 26 | 97 | 3.0% |
| Farwell, MN | 26 | 88 | 12.1% |