Cost of Living in Big Falls, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

53.2

100 = national avg

-46.8 vs national average

Living Wage (1 Adult)

$23,412

per year

Living Wage (Family of 4)

$55,337

per year

Cost Index by Category

Housing
45.9
Food
69.9
Transportation
39.9
Healthcare
75.9
Utilities
71.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Big Falls is 53.2, which is 46.8% below the national average. Housing costs are below the national average at an index of 45.9. A single adult needs to earn approximately $23,412 per year to cover basic expenses.