Cook, MN vs Red Lake Falls, MN

Cook, MN and Red Lake Falls, MN have a very similar cost of living, with only a 1.1% difference in their overall index. Cook scores 59 while Red Lake Falls scores 58 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cook is $650/month compared to $568/month in Red Lake Falls — a 14% difference. Interestingly, home values tell a different story: while Red Lake Falls has cheaper rent, Cook actually has lower median home values ($104,200 vs $132,300).

Median household income in Cook is $41,750 compared to $63,929 in Red Lake Falls (-34.7%). Red Lake Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cook spend roughly 18.7% of their income on rent, more than the 10.7% in Red Lake Falls.