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Big Falls, MN vs Ghent, MN

54
Big Falls
Minnesota
VS
-27.5%
75
Ghent
Minnesota

There is a significant gap in the cost of living between these two cities. Big Falls is 27.5% cheaper than Ghent. With a cost index of 54 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Big Falls to Ghent should plan for substantially higher expenses across most categories.

On the housing front, median rent in Big Falls is $550/month compared to $941/month in Ghent — a 42% difference. Home values follow the same pattern: Big Falls is more affordable at $48,500 median vs $154,700.

Median household income in Big Falls is $26,071 compared to $72,500 in Ghent (-64%). While Ghent is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Big Falls spend roughly 25.3% of their income on rent, more than the 15.6% in Ghent.

Income & Cost

Cost of Living Index
Big Falls
54
27% cheaper
Ghent
75
Median Household Income
Big Falls
$26,071
Ghent
$72,500
64% higher

Housing

Median Rent
Big Falls
$550
42% cheaper
Ghent
$941
Median Home Value
Big Falls
$48,500
69% cheaper
Ghent
$154,700
Population
Big Falls
157
Ghent
455

Salary Equivalency Calculator

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