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Hanley Falls, MN vs Walker, MN

59
Hanley Falls
Minnesota
VS
-14.6%
69
Walker
Minnesota

Hanley Falls is moderately more affordable than Walker, with a 14.6% lower cost of living index. Hanley Falls scores 59 compared to 69 for Walker, where the US average is 100. This difference means residents of Walker can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hanley Falls is $628/month compared to $519/month in Walker — a 21% difference. Interestingly, home values tell a different story: while Walker has cheaper rent, Hanley Falls actually has lower median home values ($76,700 vs $240,200).

Median household income in Hanley Falls is $57,917 compared to $35,847 in Walker (+61.6%). Hanley 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 Hanley Falls spend roughly 13% of their income on rent, less than the 17.4% in Walker.

Climate-wise, Hanley Falls is notably warmer with an average of 45.4°F compared to 40.4°F in Walker. Hanley Falls receives more rainfall at 28" per year compared to 23.9" in Walker.

Income & Cost

Cost of Living Index
Hanley Falls
59
15% cheaper
Walker
69
Median Household Income
Hanley Falls
$57,917
38% higher
Walker
$35,847

Housing

Median Rent
Hanley Falls
$628
Walker
$519
17% cheaper
Median Home Value
Hanley Falls
$76,700
68% cheaper
Walker
$240,200
Population
Hanley Falls
288
Walker
858

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hanley Falls 45.4°F
Walker 40.4°F
Summer High
Hanley Falls 84°F
Walker 80°F
Winter Low
Hanley Falls 6°F
Walker -3°F
Rainfall
Hanley Falls 28"
Walker 23.9"
Rainy Days
Hanley Falls 96d
Walker 103d