Chisholm, MN vs Fergus Falls, MN

Chisholm is moderately more affordable than Fergus Falls, with a 13.8% lower cost of living index. Chisholm scores 63 compared to 73 for Fergus Falls, where the US average is 100. This difference means residents of Fergus Falls can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chisholm is $785/month compared to $839/month in Fergus Falls — a 6% difference. Home values follow the same pattern: Chisholm is more affordable at $108,100 median vs $173,300.

Median household income in Chisholm is $54,815 compared to $50,865 in Fergus Falls (+7.8%). Chisholm offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chisholm spend roughly 17.2% of their income on rent, less than the 19.8% in Fergus Falls.