The cost of living index in Cannon Falls, MN, shows a generally favorable comparison to the nationwide average. Housing in Cannon Falls stands at 92, which is 8% below the national average of 100. Groceries, at 95, indicate a mere 5% below average, making everyday purchases relatively affordable.
Utilities in Cannon Falls are slightly above the national average at 98, a mere 2% higher. Transportation costs align closely with the national average at 97. Healthcare costs are notably lower at 89, 11% below average, providing potential savings in this category. Miscellaneous expenses are at 90, reflecting a 10% decrease compared to the national average. This data reveals that Cannon Falls offers a cost of living that is competitive and slightly below the national average in several key areas.
Cannon Falls, MN, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Cannon Falls is 93, which means it costs 7% less to live there compared to the national average, which is set at 100. This lower cost can be especially noticeable in housing, where the index is 92. This means that housing costs in Cannon Falls are about 8% lower than the national average.
In addition to lower housing costs, Cannon Falls also performs well in other categories. Groceries are only 5% below the national average, with an index of 95. Utilities are also quite reasonable, at 98, showing only a 2% decrease from the national average. Transportation costs are almost in line with the national average at 97, indicating a minimal difference. Healthcare and miscellaneous costs also show small variations, with indexes of 89 and 90, respectively. This pattern suggests that while Cannon Falls offers some savings, these savings are modest and spread across various areas of living expenses.