| Index | Red Lake Falls | Minnesota | National |
| Cost of living | 87 | 100 | 100 |
| Groceries | 98 | 100 | 100 |
| Health care | 98 | 100 | 100 |
| Housing | 60 | 100 | 100 |
| Transportation | 98 | 100 | 100 |
| Utilities | 102 | 104 | 100 |
| Lifestyle & Entertainment | 99 | 100 | 100 |
| Household Items | 101 | 100 | 100 |
| Education & Childcare | 97 | 99 | 100 |

| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $116,225 | $9,685 | $2,712 | $3,487 |
| Renters | $24,629 | $2,052 | $575 | $739 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| City | Population | Cost of Living Index | National Avg. |
| Brooks, MN | 156 | 80 | 19.8% |
| Mentor, MN | 152 | 83 | 17.3% |
| Erskine, MN | 464 | 83 | 16.6% |
| Plummer, MN | 288 | 89 | 11.0% |
| St. Hilaire, MN | 259 | 92 | 8.1% |
| Red Lake Falls, MN | 1,364 | 87 | 12.9% |
| City | Population | Cost of Living Index | National Avg. |
| Hawi, HI | 1,364 | 155 | 54.5% |
| Atkinson, IL | 1,364 | 83 | 16.9% |
| Irvington, KY | 1,364 | 84 | 15.9% |
| Spicer, MN | 1,364 | 99 | 1.4% |
| Navesink, NJ | 1,364 | 156 | 55.9% |
| Red Lake Falls, MN | 1,364 | 87 | 12.9% |