Perham, MN vs Taylors Falls, MN

There is a significant gap in the cost of living between these two cities. Perham is 15.9% cheaper than Taylors Falls. With a cost index of 74 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Perham to Taylors Falls should plan for substantially higher expenses across most categories.

On the housing front, median rent in Perham is $813/month compared to $985/month in Taylors Falls — a 18% difference. Home values follow the same pattern: Perham is more affordable at $186,000 median vs $256,000.

Median household income in Perham is $47,088 compared to $61,548 in Taylors Falls (-23.5%). While Taylors Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Perham spend roughly 20.7% of their income on rent, more than the 19.2% in Taylors Falls.

Climate-wise, both cities share similar average temperatures (40.4°F vs 43.1°F). Taylors Falls receives more rainfall at 33.8" per year compared to 23.9" in Perham.