Falcon Heights, MN vs Slayton, MN

The cost of living difference between Falcon Heights, MN and Slayton, MN is dramatic. Slayton is 50.3% 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 Slayton sits at 69, 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 $718/month in Slayton — a 67% difference. Home values follow the same pattern: Slayton is more affordable at $160,400 median vs $366,800.

Median household income in Falcon Heights is $93,233 compared to $65,724 in Slayton (+41.9%). The higher salaries in Falcon Heights partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Falcon Heights spend roughly 15.4% of their income on rent, more than the 13.1% in Slayton.