Big Falls, MN vs New Auburn, MN
There is a significant gap in the cost of living between these two cities. Big Falls is 25.1% cheaper than New Auburn. With a cost index of 54 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Big Falls to New Auburn should plan for substantially higher expenses across most categories.
On the housing front, median rent in Big Falls is $550/month compared to $900/month in New Auburn — a 39% difference. Home values follow the same pattern: Big Falls is more affordable at $48,500 median vs $140,900.
Median household income in Big Falls is $26,071 compared to $68,977 in New Auburn (-62.2%). While New Auburn 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 15.7% in New Auburn.
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