Cost of Living in Little falls, MN
Housing
The housing market plays a significant role in determining the cost of living in Little falls, MN.
- Housing Index: 103 / 100
- Median Home Price is: $84,000
- Average Rent (2 BR Apartment): $1560 per month
- Average Rent (2 BR House): $1696 per month
Considering a move to Little falls, MN? With a housing index of 103, your cost of living could be quite manageable. The median home price is competitively set at 84000, making homeownership more feasible than in many major urban areas. Additionally, with average rents for a 2-bedroom apartment at 1560 and a house at 1696, this location offers affordable options for renters. The overall housing landscape suggests that it could be an attractive long-term investment or rental opportunity based on current trends.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Little falls, MN.
- Electricity Price: $16.38 USD (median by state)
- Natural Gas Price: $14.87 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $233 per month
Living in Little falls, MN could entail higher utility costs. Electricity costs sit at $16.38, while natural gas is priced at $14.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $233 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Little falls is a financially viable option for your relocation.