Cost of Living in Taylors Falls, MN

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A+
2%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
5%
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 Taylors Falls Minnesota National
Cost of living98100100
Groceries98100100
Health care98100100
Housing95100100
Transportation98100100
Utilities108104100
Lifestyle & Entertainment100100100
Household Items99100100
Education & Childcare9699100
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Homes For Sale In Taylors Falls, MN

property for sale

TBD First St

Taylors Falls, MN
property for sale

Saint Croix Trl

Taylors Falls, MN
property for sale

5xx River St

Taylors Falls, MN
property for sale

661 Bench St

Taylors Falls, MN

Cost Of Living Quick Facts

  • The cost of living in Taylors Falls is 2% lower than the Minnesota average
  • The cost of living in Taylors Falls is 2% lower than the national average
  • Taylors Falls housing is 5% 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

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$112,709$9,392$2,630$3,382
      Renters$36,578$3,048$853$1,097

      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.
      Milltown, WI1,0308415.7%
      Centuria, WI1,1078613.6%
      Luck, WI1,1998812.2%
      Amery, WI2,879937.3%
      Balsam Lake, WI901927.8%
      Taylors Falls, MN1,194982.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Sea Ranch, CA1,194203102.6%
      Woodbury Center, CT1,19413838.5%
      Tunnel Hill, GA1,194936.9%
      Blowing Rock, NC1,19413636.0%
      Beloit, OH1,1948217.6%
      Taylors Falls, MN1,194982.1%
      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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