Housing costs in Thief River Falls?
A typical home costs
$181,600, which is 46.3% less expensive than the national average of
$338,100 and 41.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Thief River Falls costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 34.8% cheaper than the state average of
$1,240.
Can I afford Thief River Falls?
To live comfortably in Thief River Falls (zip 56701), Minnesota, a minimum annual income of
$34,920 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Thief River Falls?
The cost of living in Thief River Falls, MN (56701) is quite reasonable. The overall cost of living index is just 2 points below the US average, meaning that it's much cheaper to live here than the average US city. Housing costs are especially low, with the median home value being $95,000 and rent prices averaging around $850 per month. Groceries and utilities are also affordable, while transportation costs can be a bit on the pricier side due to its remote location. Overall, Thief River Falls is an affordable place to live with plenty of activities and amenities nearby for residents to enjoy.