Cost of Living in Hanley Falls, MN

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

Cost of Living Overview

Overall Index

79.7

100 = national avg

-20.3 vs national average

Living Wage (1 Adult)

$35,048

per year

Living Wage (Family of 4)

$82,840

per year

Cost Index by Category

Housing
58.8
Food
94.3
Transportation
88.5
Healthcare
95.4
Utilities
88.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$753

per month

2 Bedroom

$973

per month

The overall cost of living index in Hanley Falls is 79.7, which is 20.3% below the national average. Housing costs are below the national average at an index of 58.8. A single adult needs to earn approximately $35,048 per year to cover basic expenses.