Cost of Living in Little Falls, MN

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A+
6%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
23%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Little Falls Minnesota National
Cost of living94100100
Groceries100100100
Health care99100100
Housing77100100
Transportation100100100
Utilities106104100
Lifestyle & Entertainment101100100
Household Items102100100
Education & Childcare9999100
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Homes For Sale In Little Falls, MN

property for sale

715 3rd St SE

Little Falls, MN
property for sale

12221 Hillton Rd

Little Falls, MN
property for sale

4696 Highway 27

Little Falls, MN
property for sale

14893 Weston Cir

Little Falls, MN

Cost Of Living Quick Facts

  • The cost of living in Little Falls is 7% lower than the Minnesota average
  • The cost of living in Little Falls is 6% lower than the national average
  • Little Falls housing is 23% lower than the national average
  • Minnesota general sales tax is 35% higher than the national average
  • Minnesota state income tax is 106% higher than the national average

Most Affordable Places to Live in and Around Little Falls

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      Salary Calculator

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      Utilities index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$80,483$6,707$1,878$2,415
      Renters$38,624$3,219$901$1,159
      The affordability of the housing market in Little Falls, MN as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Little Falls homeowners, the median income is $80,483. This indicates that a monthly maximum of $1,878 should be spent by homeowners on all housing related costs. Renters have a median income of $38,624. This indicates that renters would have a maximum of $901 for their rent related monthly costs.

      Minnesota Sales Tax

      State General Sales Tax With Max Surtax
      Minnesota 6.875% 7.875%

      Minnesota Income Tax

      State Income Tax (Low) Income Tax (High)
      Minnesota 5.35% 9.85%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Elmdale, MN1631010.6%
      Swanville, MN2938811.7%
      Sobieski, MN1829010.0%
      Bowlus, MN299919.0%
      Pierz, MN1,621928.4%
      Little Falls, MN9,000946.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Angola, IN8,999927.7%
      Fitzgerald, GA8,9958514.5%
      Live Oak, CA9,00711716.9%
      Winchester, TN9,014919.5%
      Rathdrum, ID8,9851098.7%
      Little Falls, MN9,000946.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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