Red Lake Falls, MN vs Vermillion, MN

The cost of living difference between Red Lake Falls, MN and Vermillion, MN is dramatic. Red Lake Falls is 36.7% cheaper than Vermillion, a gap that translates to thousands of dollars per year in household expenses. Red Lake Falls has a cost index of 58 while Vermillion sits at 92, 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 Red Lake Falls is $568/month compared to $1,021/month in Vermillion — a 44% difference. Home values follow the same pattern: Red Lake Falls is more affordable at $132,300 median vs $298,000.

Median household income in Red Lake Falls is $63,929 compared to $93,214 in Vermillion (-31.4%). The higher salaries in Vermillion partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Red Lake Falls spend roughly 10.7% of their income on rent, less than the 13.1% in Vermillion.

Climate-wise, Vermillion is notably warmer with an average of 46.5°F compared to 37.7°F in Red Lake Falls. Vermillion receives more rainfall at 29.2" per year compared to 24.3" in Red Lake Falls.