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Long Lake, MN vs Redwood Falls, MN

118
Long Lake
Minnesota
VS
+63.5%
72
Redwood Falls
Minnesota

The cost of living difference between Long Lake, MN and Redwood Falls, MN is dramatic. Redwood Falls is 63.5% cheaper than Long Lake, a gap that translates to thousands of dollars per year in household expenses. Long Lake has a cost index of 118 while Redwood Falls sits at 72, 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 Long Lake is $1,613/month compared to $824/month in Redwood Falls — a 96% difference. Home values follow the same pattern: Redwood Falls is more affordable at $162,000 median vs $391,400.

Median household income in Long Lake is $95,972 compared to $61,947 in Redwood Falls (+54.9%). The higher salaries in Long Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Long Lake spend roughly 20.2% of their income on rent, more than the 16% in Redwood Falls.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.4°F). Long Lake receives more rainfall at 30.6" per year compared to 28" in Redwood Falls.

Income & Cost

Cost of Living Index
Long Lake
118
Redwood Falls
72
39% cheaper
Median Household Income
Long Lake
$95,972
35% higher
Redwood Falls
$61,947

Housing

Median Rent
Long Lake
$1,613
Redwood Falls
$824
49% cheaper
Median Home Value
Long Lake
$391,400
Redwood Falls
$162,000
59% cheaper
Population
Long Lake
1,710
Redwood Falls
5,075

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Long Lake 46.7°F
Redwood Falls 45.4°F
Summer High
Long Lake 84°F
Redwood Falls 84°F
Winter Low
Long Lake 8°F
Redwood Falls 6°F
Rainfall
Long Lake 30.6"
Redwood Falls 28"
Rainy Days
Long Lake 107d
Redwood Falls 96d