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Ada, MN vs Redwood Falls, MN

66
Ada
Minnesota
VS
-7.8%
72
Redwood Falls
Minnesota

Ada is moderately more affordable than Redwood Falls, with a 7.8% lower cost of living index. Ada scores 66 compared to 72 for Redwood Falls, where the US average is 100. This difference means residents of Redwood Falls can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ada is $697/month compared to $824/month in Redwood Falls — a 15% difference. Home values follow the same pattern: Ada is more affordable at $140,500 median vs $162,000.

Median household income in Ada is $67,857 compared to $61,947 in Redwood Falls (+9.5%). Ada offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ada spend roughly 12.3% of their income on rent, less than the 16% in Redwood Falls.

Income & Cost

Cost of Living Index
Ada
66
8% cheaper
Redwood Falls
72
Median Household Income
Ada
$67,857
9% higher
Redwood Falls
$61,947

Housing

Median Rent
Ada
$697
15% cheaper
Redwood Falls
$824
Median Home Value
Ada
$140,500
13% cheaper
Redwood Falls
$162,000
Population
Ada
1,834
Redwood Falls
5,075

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