Cost of Living in Cannon Falls, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.7
100 = national avg
+17.7 vs national average
Living Wage (1 Adult)
$51,796
per year
Living Wage (Family of 4)
$122,426
per year
Cost Index by Category
Housing120.1
Food111.5
Transportation123.1
Healthcare109.2
Utilities110.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$901
per month
2 Bedroom
$1,095
per month
The overall cost of living index in Cannon Falls is 117.7, which is 17.7% above the national average. Housing costs are above the national average at an index of 120.1. A single adult needs to earn approximately $51,796 per year to cover basic expenses.