Farley, MN Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Farley cost of living score
82.8
Less expensive
17.2% lower
than the US average
14.8% lower
than the Minnesota average
Farley, Minnesota gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 14.8% higher than the average for Minnesota.

Farley, MN

Housing costs in Farley?
A typical home costs $221,100, which is 34.6% less expensive than the national average of $338,100 and 28.6% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Farley costs $930 per month, which is 35.0% more than the national average of $1,430 and 33.3% more than the state average of $1,240.

Can I afford Farley?
To live comfortably in Farley, Minnesota, a minimum annual income of $42,480 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Farley?
The cost of living in Farley, MN is quite affordable compared to other cities in the Midwest. The median home value is $119,000 and the median rental rate for a two-bedroom apartment is $843 per month. Utilities are also relatively inexpensive in Farley, ranging from $100-$200 per month depending on usage. Taxes are also very low which helps to keep the overall cost of living even lower. Other costs such as food, clothing, gas and entertainment are all quite comparable to other cities in the area with prices staying within a typical budget. All this adds up to an excellent quality of life that won't break the bank!
   Cost of living score
     CategoriesFarleyMinnesotaUnited States
  82.897.2100.0
  94.997.2100
  80.978.3100.0
  45.3102.9100.0
  $221,100$309,500$338,100
  92.1%95.7%100.0%
  74.996.4100.0
  81.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Farley, MN cost of living
Compare food, housing, utilities, and more in Farley, Minnesota to any other city in the US.