Cost of living in International Falls research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means International Falls is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in International Falls is 80, with 100 being the average.
The cost of living index in International Falls is 0.8x lower than the national average.
International Falls ranks as the #1 cheapest in Minnesota out of 147.
International Falls ranks as the #211 cheapest out of 6,412 in the US.
The median home value in International Falls is $99,900.
The median income in International Falls is $51,119.
According to the most recent data on the cost of living, International Falls has an overall cost of living index of 80, which is 0.8x lower than the national index of 100.
Compared to Minnesota, International Falls has a cost of living index that's 0.8x lower than Minnesota's index of 95.
The standard of living in International Falls ranks as #1 most affordable out of the 147 places we measured in Minnesota. By definition, that implies International Falls ranks as the #146 most expensive place in the North Star State.
For more reading on life in International Falls, check out:
Six factors go into calculating the cost of living index in International Falls. Here is how it fairs on each of the criteria:
The Services index in International Falls is 86.
The Groceries index in International Falls is 95.
The Health index in International Falls is 111.
The Housing index in International Falls is 49.
The Transportation index in International Falls is 99.
The Utilities index in International Falls is 93.
Living Expense | International Falls | Minnesota | National Average | |
---|---|---|---|---|
Overall | 80 | 95 | 100 | |
Services | 86 | 101 | 100 | |
Groceries | 95 | 98 | 100 | |
Health | 111 | 111 | 100 | |
Housing | 49 | 83 | 100 | |
Transportation | 99 | 98 | 100 | |
Utilities | 93 | 95 | 100 |
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in International Falls is $99,900.
The Median Rent in International Falls is $706.
The Median Income in International Falls is $51,119.
The Home Value To Income in International Falls is 2.0x.
The Rent To Monthly Income in International Falls is 0.17x.
Statistic | International Falls | Minnesota | United States |
---|---|---|---|
Median Home Value | $99,900 | $250,200 | $244,900 |
Median Rent | $706 | $1,081 | $1,163 |
Median Income | $51,119 | $77,706 | $69,021 |
Home Value To Income | 2.0x | 3.2x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Item | International Falls | Minnesota |
---|---|---|
Shampoo | $1.23 | $1.06 |
Movie | $7.13 | $10.68 |
Bowling | $10.5 | $14.67 |
Haircut | $17.64 | $18.62 |
Beauty Salon | $33.67 | $39.05 |
Item | International Falls | Minnesota |
---|---|---|
Ground Beef | $4.51 | $4.22 |
Fried Chicken | $1.68 | $1.39 |
Milk | $2.51 | $2.05 |
Potatoes | $3.82 | $3.29 |
Pizza | $10.38 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.65 | $2.34 |
Item | International Falls | Minnesota |
---|---|---|
Optometrist | $122.5 | $108.57 |
Doctor | $172.24 | $116.17 |
Dentist | $82.05 | $99.13 |
Item | International Falls | Minnesota |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $52.64 | $50.07 |
Item | International Falls | Minnesota |
---|---|---|
All Electricity | $148.14 | $167.67 |
Phone | $187.95 | $175.64 |