Falcon Heights, MN vs Hawley, MN

The cost of living difference between Falcon Heights, MN and Hawley, MN is dramatic. Hawley is 36.4% cheaper than Falcon Heights, a gap that translates to thousands of dollars per year in household expenses. Falcon Heights has a cost index of 103 while Hawley sits at 75, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Falcon Heights is $1,200/month compared to $742/month in Hawley — a 62% difference. Home values follow the same pattern: Hawley is more affordable at $265,500 median vs $366,800.

Median household income in Falcon Heights is $93,233 compared to $92,017 in Hawley (+1.3%). Falcon Heights does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Falcon Heights spend roughly 15.4% of their income on rent, more than the 9.7% in Hawley.