Cost of Living in Littlefork, MN

With a cost of living index of 57, Littlefork, MN is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 26% below the Minnesota state average of 82. Littlefork is a small community of 577 residents.

Housing costs are the biggest factor in Littlefork's cost of living. The median monthly rent is $450 (66% below the US median of $1,319), and the median home value sits at $114,500 (62% below the national median of $304,900). At current prices, the median home costs roughly 1.9x the median household income — well within traditional affordability guidelines.

The median household income in Littlefork is $61,685, which is 18% lower than the national median of $75,149. Residents spend roughly 9% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Littlefork. The area sees an average annual temperature of 37.4°F, with summers averaging 63°F and winters around 9°F. Annual rainfall totals 25.4 inches spread over roughly 133 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.