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Falcon Heights, MN vs Nisswa, MN

103
Falcon Heights
Minnesota
VS
+5.6%
97
Nisswa
Minnesota

Nisswa is moderately more affordable than Falcon Heights, with a 5.6% lower cost of living index. Falcon Heights scores 103 compared to 97 for Nisswa, where the US average is 100. This difference means residents of Falcon Heights can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Falcon Heights is $1,200/month compared to $820/month in Nisswa — a 46% difference. Interestingly, home values tell a different story: while Nisswa has cheaper rent, Falcon Heights actually has lower median home values ($366,800 vs $475,700).

Median household income in Falcon Heights is $93,233 compared to $100,167 in Nisswa (-6.9%). Nisswa offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Falcon Heights spend roughly 15.4% of their income on rent, more than the 9.8% in Nisswa.

Income & Cost

Cost of Living Index
Falcon Heights
103
Nisswa
97
5% cheaper
Median Household Income
Falcon Heights
$93,233
Nisswa
$100,167
7% higher

Housing

Median Rent
Falcon Heights
$1,200
Nisswa
$820
32% cheaper
Median Home Value
Falcon Heights
$366,800
23% cheaper
Nisswa
$475,700
Population
Falcon Heights
5,145
Nisswa
1,744

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Falcon Heights $3.20
Nisswa
US $3.07
🥚
Eggs (grade A, large)
Falcon Heights $2.61
Nisswa
US $2.50
🥛
Milk (whole)
Falcon Heights $4.21
Nisswa
US $4.03
🍞
Bread (white)
Falcon Heights $1.93
Nisswa
US $1.85
🍗
Chicken breast
Falcon Heights $4.33
Nisswa
US $4.14
Electricity
Falcon Heights $0.17
Nisswa
US $0.19