Cost of Living in Taylors Falls, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
104.6
100 = national avg
+4.6 vs national average
Living Wage (1 Adult)
$46,006
per year
Living Wage (Family of 4)
$108,741
per year
Cost Index by Category
Housing119.4
Food97.0
Transportation94.1
Healthcare97.6
Utilities102.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Taylors Falls is 104.6, which is 4.6% above the national average. Housing costs are above the national average at an index of 119.4. A single adult needs to earn approximately $46,006 per year to cover basic expenses.