Benson, MN vs Taylors Falls, MN

There is a significant gap in the cost of living between these two cities. Benson is 15.2% cheaper than Taylors Falls. With a cost index of 74 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Benson to Taylors Falls should plan for substantially higher expenses across most categories.

On the housing front, median rent in Benson is $939/month compared to $985/month in Taylors Falls — a 5% difference. Home values follow the same pattern: Benson is more affordable at $146,100 median vs $256,000.

Median household income in Benson is $51,124 compared to $61,548 in Taylors Falls (-16.9%). While Taylors Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Benson spend roughly 22% of their income on rent, more than the 19.2% in Taylors Falls.