Marshall, MN vs Redwood Falls, MN

Marshall, MN and Redwood Falls, MN have a very similar cost of living, with only a 0.8% difference in their overall index. Marshall scores 72 while Redwood Falls scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Marshall is $742/month compared to $824/month in Redwood Falls — a 10% difference. Interestingly, home values tell a different story: while Marshall has cheaper rent, Redwood Falls actually has lower median home values ($162,000 vs $198,900).

Median household income in Marshall is $64,636 compared to $61,947 in Redwood Falls (+4.3%). While Marshall is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Marshall spend roughly 13.8% of their income on rent, less than the 16% in Redwood Falls.

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