Taylors Falls, MN Cost of Living


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Taylors Falls cost of living score
106.6
More expensive
6.6% higher
than the US average
9.7% higher
than the Minnesota average
Taylors Falls, Minnesota gets a BestPlaces Cost of Living score of 106.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.6% higher than the U.S. average and 9.7% higher than the average for Minnesota.

Taylors Falls, MN

Housing costs in Taylors Falls?
A typical home costs $306,800, which is 9.3% less expensive than the national average of $338,100 and 0.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Taylors Falls costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Taylors Falls?
To live comfortably in Taylors Falls, Minnesota, a minimum annual income of $58,680 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Taylors Falls?
Taylors Falls, MN is a wonderful place to live with a low cost of living. The cost of housing in the area is generally quite affordable compared to many other cities and towns in Minnesota. The average rent for an apartment is lower than the national average, while the median home price is only slightly above the state average. This makes Taylors Falls an excellent choice for those looking for a convenient and affordable place to call home. Additionally, there are plenty of options available when it comes to dining out or shopping for groceries and other essential items, making it easy to keep expenses low.
   Cost of living score
     CategoriesTaylors FallsMinnesotaUnited States
  106.697.2100.0
  98.297.2100
  78.978.3100.0
  101.8102.9100.0
  $306,800$309,500$338,100
  100.3%95.7%100.0%
  110.596.4100.0
  113.2117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Taylors Falls
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Over 15 years ago

Taylors Falls,Mn is truly living the dream. With the 100 ft cliffs and amazing parks, the St. Croix river running through it,and numerous outdoor activities,there is no  More

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