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Hanley Falls, MN vs Knife River, MN

59
Hanley Falls
Minnesota
VS
-38.3%
96
Knife River
Minnesota

The cost of living difference between Hanley Falls, MN and Knife River, MN is dramatic. Hanley Falls is 38.3% cheaper than Knife River, a gap that translates to thousands of dollars per year in household expenses. Hanley Falls has a cost index of 59 while Knife River sits at 96, 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.

Median household income in Hanley Falls is $57,917 compared to $76,106 in Knife River (-23.9%). The higher salaries in Knife River partially offset the cost difference, but don't fully close the gap.

Climate-wise, Hanley Falls is notably warmer with an average of 45.4°F compared to 40.6°F in Knife River. Knife River receives more rainfall at 31.2" per year compared to 28" in Hanley Falls.

Income & Cost

Cost of Living Index
Hanley Falls
59
38% cheaper
Knife River
96
Median Household Income
Hanley Falls
$57,917
Knife River
$76,106
24% higher

Housing

Median Rent
Hanley Falls
$628
Knife River
Median Home Value
Hanley Falls
$76,700
Knife River
Population
Hanley Falls
288
Knife River
98

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hanley Falls
Knife River $2.97
US $3.07
🥚
Eggs (grade A, large)
Hanley Falls
Knife River $2.42
US $2.50
🥛
Milk (whole)
Hanley Falls
Knife River $3.90
US $4.03
🍞
Bread (white)
Hanley Falls
Knife River $1.79
US $1.85
🍗
Chicken breast
Hanley Falls
Knife River $4.01
US $4.14
Electricity
Hanley Falls
Knife River $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hanley Falls 45.4°F
Knife River 40.6°F
Summer High
Hanley Falls 84°F
Knife River 78°F
Winter Low
Hanley Falls 6°F
Knife River 2°F
Rainfall
Hanley Falls 28"
Knife River 31.2"
Rainy Days
Hanley Falls 96d
Knife River 133d