Cannon Falls, MN, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Cannon Falls is 93, which is 7% below the national average of 100. This lower cost of living makes it an attractive option for job seekers looking to manage their expenses effectively. Housing, utilities, and transportation costs are notably lower, while groceries and healthcare costs are close to the average.
The cost of living in Cannon Falls, MN, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Cannon Falls stand at 85, indicating that residents can expect to pay 15% less than the national average for housing. This lower housing index can be a significant advantage for those looking to settle in Cannon Falls, as it provides a more affordable living environment without compromising on quality.
In other areas, the cost of living in Cannon Falls remains relatively close to the national average. Groceries cost 98, which is just 2% below the average. Utilities are priced at 95, meaning residents pay 5% less than the national average. Transportation costs are at 90, which is 10% lower. Healthcare costs are exactly at the national average of 100, showing no difference in expenses. Miscellaneous costs are at 92, which is 8% below the average. Overall, Cannon Falls offers a cost-effective living environment with several areas below the national average.