| Index | Farwell | Minnesota | National |
| Cost of living | 86 | 99 | 100 |
| Goods & Services | 104 | 100 | 100 |
| Groceries | 96 | 101 | 100 |
| Health care | 115 | 102 | 100 |
| Housing | 52 | 100 | 100 |
| Transportation | 93 | 96 | 100 |
| Utilities | 94 | 95 | 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 | $47,464 | $3,955 | $1,107 | $1,424 |
| 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 | $30.00 | $27.62 | 8.6% |
| Beauty Salon | $47.50 | $51.11 | 7.1% |
| Toothpaste | $4.07 | $4.09 | 0.6% |
| Shampoo | $1.55 | $1.54 | 0.5% |
| Movie | $13.55 | $12.88 | 5.2% |
| Yoga | $26.00 | $19.66 | 32.2% |
| Item | Farwell | National avg. | Difference |
| Ground Beef | $7.45 | $7.70 | 3.3% |
| Fried Chicken | $1.49 | $1.66 | 10.4% |
| Milk | $4.70 | $4.73 | 0.7% |
| Potatoes | $5.05 | $5.26 | 3.9% |
| Pizza | $14.39 | $12.76 | 12.8% |
| Beer | $9.29 | $10.55 | 11.9% |
| Item | Farwell | National avg. | Difference |
| Optometrist | $185.08 | $140.06 | 32.1% |
| Doctor | $270.03 | $153.82 | 75.6% |
| Dentist | $120.06 | $123.15 | 2.5% |
| Ibuprofen | $11.37 | $11.73 | 3.1% |
| Lipitor | $17.56 | $23.61 | 25.6% |
| Item | Farwell | National avg. | Difference |
| Home Price | $171,044.00 | $326,622.00 | 47.6% |
| Avg. Mortgage Payment | $2,040.19 | $2,480.25 | 17.7% |
| Apartment Rent | $0.00 | $1,444.00 | 100.0% |
| Item | Farwell | National avg. | Difference |
| Gasoline | $2.83 | $3.06 | 7.4% |
| Tire Balancing | $61.34 | $65.21 | 5.9% |
| Item | Farwell | National avg. | Difference |
| All Electricity | $200.71 | $220.12 | 8.8% |
| Phone | $192.45 | $195.71 | 1.7% |
| City | Population | Cost of Living Index | National Avg. |
| Kensington, MN | 234 | 83 | 16.8% |
| Barrett, MN | 379 | 87 | 13.3% |
| Cyrus, MN | 343 | 87 | 13.4% |
| Hoffman, MN | 598 | 87 | 13.3% |
| Lowry, MN | 353 | 88 | 11.9% |
| Farwell, MN | 27 | 86 | 14.2% |
| City | Population | Cost of Living Index | National Avg. |
| Ko Vaya, AZ | 27 | 103 | 3.2% |
| Alderpoint, CA | 27 | 116 | 15.8% |
| Macdoel, CA | 27 | 116 | 15.8% |
| Towner, CO | 27 | 96 | 3.6% |
| Boykin, GA | 27 | 92 | 7.6% |
| Farwell, MN | 27 | 86 | 14.2% |