International Falls, MN vs Pequot Lakes, MN

There is a significant gap in the cost of living between these two cities. International Falls is 19.3% cheaper than Pequot Lakes. With a cost index of 63 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from International Falls to Pequot Lakes should plan for substantially higher expenses across most categories.

On the housing front, median rent in International Falls is $753/month compared to $792/month in Pequot Lakes — a 5% difference. Home values follow the same pattern: International Falls is more affordable at $115,000 median vs $246,400.

Median household income in International Falls is $61,043 compared to $66,974 in Pequot Lakes (-8.9%). Pequot Lakes 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 International Falls spend roughly 14.8% of their income on rent, more than the 14.2% in Pequot Lakes.

Climate-wise, Pequot Lakes is notably warmer with an average of 42.2°F compared to 37.4°F in International Falls. International Falls receives more rainfall at 25.4" per year compared to 24.5" in Pequot Lakes.