Thief River Falls, MN Cost Of Living
Cost Of Living In Thief River Falls, MN Summary
Cost of living in Thief River 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 Thief River 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 Thief River Falls is 83, with 100 being the average.
The cost of living index in Thief River Falls is 0.8x lower than the national average.
Thief River Falls ranks as the #3 cheapest in Minnesota out of 147.
Thief River Falls ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Thief River Falls is $143,000.
The median income in Thief River Falls is $55,998.
Table Of Contents
Thief River Falls's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Thief River Falls, MN?
According to the most recent data on the cost of living, Thief River Falls has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Minnesota, Thief River Falls has a cost of living index that's 0.9x lower than Minnesota's index of 95.
The standard of living in Thief River Falls ranks as #3 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Thief River Falls ranks as the #144 most expensive place in the North Star State.
For more reading on life in Thief River Falls, check out:
- Living In Thief River Falls
- Thief River Falls Crime Report
- Search Homes For Sale In Thief River Falls, MN
In Minnesota
In America
Thief River Falls Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Thief River Falls. Here is how it fairs on each of the criteria:
The Services index in Thief River Falls is 84.
The Groceries index in Thief River Falls is 96.
The Health index in Thief River Falls is 111.
The Housing index in Thief River Falls is 61.
The Transportation index in Thief River Falls is 97.
The Utilities index in Thief River Falls is 94.
| Living Expense | Thief River Falls | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 83 | 95 | 100 | |
| Services | 84 | 101 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 111 | 111 | 100 | |
| Housing | 61 | 83 | 100 | |
| Transportation | 97 | 98 | 100 | |
| Utilities | 94 | 95 | 100 | |
Thief River Falls, MN Housing Cost Breakdown
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 Thief River Falls is $143,000.
The Median Rent in Thief River Falls is $799.
The Median Income in Thief River Falls is $55,998.
The Home Value To Income in Thief River Falls is 2.6x.
The Rent To Monthly Income in Thief River Falls is 0.17x.
| Statistic | Thief River Falls | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $143,000 | $250,200 | $244,900 |
| Median Rent | $799 | $1,081 | $1,163 |
| Median Income | $55,998 | $77,706 | $69,021 |
| Home Value To Income | 2.6x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Thief River Falls, MN Costs By Category
Detailed Thief River Falls Services Costs Vs. Minnesota
| Item | Thief River 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 |
Detailed Thief River Falls Groceries Costs Vs. Minnesota
| Item | Thief River 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 |
Detailed Thief River Falls Health Costs Vs. Minnesota
| Item | Thief River Falls | Minnesota |
|---|---|---|
| Optometrist | $122.5 | $108.57 |
| Doctor | $172.24 | $116.17 |
| Dentist | $82.05 | $99.13 |
Detailed Thief River Falls Transportation Costs Vs. Minnesota
| Item | Thief River Falls | Minnesota |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $52.64 | $50.07 |
Detailed Thief River Falls Utilities Costs Vs. Minnesota
| Item | Thief River Falls | Minnesota |
|---|---|---|
| All Electricity | $148.14 | $167.67 |
| Phone | $187.95 | $175.64 |
Thief River Falls SnackAbility
/10
Cost Of Living In Cities Around Thief River Falls
The cost of living varies in the cities and towns around Thief River Falls. Here's a quick look at the cost of living in the most populous nearby places:
Grand Forks, ND has a cost of living index of 92, 1.1x Thief River Falls.
East Grand Forks, MN has a cost of living index of 90, 1.1x Thief River Falls.
Crookston, MN has a cost of living index of 80, 1.0x Thief River Falls.
| City | Population | Cost Of Living | Vs. Thief River Falls |
|---|---|---|---|
| Grand Forks, ND | 58,867 | 92 | 1.1x |
| East Grand Forks, MN | 9,140 | 90 | 1.1x |
| Crookston, MN | 7,509 | 80 | 1.0x |
