Zip 56345 (Little Falls, MN) Cost of Living


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United States / Minnesota / No Metro Area / Morrison County / Little Falls / Little Falls (zip 56345)

Little Falls cost of living score
83.8
Less expensive
16.2% lower
than the US average
13.8% lower
than the Minnesota average
Little Falls (zip 56345), Minnesota gets a BestPlaces Cost of Living score of 83.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.2% lower than the U.S. average and 13.8% higher than the average for Minnesota.

Zip 56345 (Little Falls, MN)

Housing costs in Little Falls?
A typical home costs $220,000, which is 34.9% less expensive than the national average of $338,100 and 28.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Little Falls costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 45.9% cheaper than the state average of $1,240.

Can I afford Little Falls?
To live comfortably in Little Falls (zip 56345), Minnesota, a minimum annual income of $42,120 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Little Falls?
Living in 56345 Little Falls, MN has an average cost of living that is moderately higher than the national average. The cost of housing is slightly above the national average, but there are also some cheaper housing options available. Groceries tend to be a bit pricier than other states, but the prices of transportation and healthcare are close to the national averages. All in all, Little Falls offers a comfortable standard of living at a reasonable price for those who choose to make it their home.
   Cost of living score
     CategoriesLittle FallsMinnesotaUnited States
  83.897.2100.0
  96.997.2100
  79.278.3100.0
  64.5102.9100.0
  $220,000$309,500$338,100
  90.8%95.7%100.0%
  76.696.4100.0
  78.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime