Cannon Falls, MN, features a cost of living index that generally aligns closely with the national average. The overall cost of living index in Cannon Falls is 93, which is 3% below the nationwide average of 100. This slight difference suggests that residents can find relatively affordable living expenses in this area, particularly in housing, which stands at 85, and utilities, which are close to average at 98.
Each category on the cost of living index highlights specific areas where Cannon Falls either exceeds or falls short of the national standard. For instance, housing costs 15% below the average, while groceries and healthcare are slightly above at 95 and 97, respectively. This balanced distribution makes Cannon Falls a potentially attractive location for job seekers looking for manageable living expenses.
Cannon Falls, Minnesota, offers a cost of living that is notably lower than the national average. When compared to the nationwide average of 100, the housing index in Cannon Falls stands at 85. This means that housing costs are 15% lower than the national average. For those seeking affordable living spaces, Cannon Falls presents an attractive option.
The overall cost of living in Cannon Falls remains competitive with the national average in several areas. Groceries in Cannon Falls have an index of 95, which is only 5% below the national average. Utilities follow closely with an index of 98, indicating they are 2% below the national average. Transportation costs also lean slightly lower at 90, which is a 10% decrease from the national average. Healthcare services have an index of 97, reflecting a minor 3% dip below the national average. Miscellaneous expenses stand at 92, indicating these costs are 8% lower than average. In summary, Cannon Falls offers a cost of living that is both affordable and accessible for many job seekers and families.