Cost of Living in Little Falls, MN
Population 9,094 · Minnesota · Data vintage 2023
(100 = US avg)
Little Falls's median household income of $46,284 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (16% here).
Located 90 miles northwest of Minneapolis, Little Falls is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 43% lower than Minneapolis' $346,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Little Falls
The median home value in Little Falls is $198,100 — 35% below the national median of $305,000. Median rent runs $740/month, 44% lower than the national median of $1,314/month. The median household income of $46,284/year is 38% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Little Falls has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.
Little Falls has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Little Falls, MN?
Little Falls has a cost index of 61 (100 = national average). It is 39% below the national average.
What is average rent in Little Falls, MN?
The median gross rent in Little Falls is $740 per month based on 2023 Census data.
What is the average home price in Little Falls?
The median home value in Little Falls is $198,100 according to Zillow and Census data.
What is the median income in Little Falls?
The median household income in Little Falls is $46,284 per year (2023 ACS 5-year estimates).
What is the sales tax in Little Falls, MN?
The combined state and local sales tax rate in Little Falls is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Little Falls, MN affordable?
Yes, Little Falls is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.
Little Falls at a Glance
- Population
- 9,094
- Median Income
- $46,284
- Home Value
- $198,100
- Median Rent
- $740/mo
- Unemployment
- 4.9%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
Similar Cost Cities
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