Albertville, MN vs Hastings, MN

Hastings is moderately more affordable than Albertville, with a 9.1% lower cost of living index. Albertville scores 105 compared to 97 for Hastings, where the US average is 100. This difference means residents of Albertville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Albertville is $1,385/month compared to $1,184/month in Hastings — a 17% difference. Home values follow the same pattern: Hastings is more affordable at $294,100 median vs $326,400.

Median household income in Albertville is $126,307 compared to $92,940 in Hastings (+35.9%). While Albertville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Albertville spend roughly 13.2% of their income on rent, less than the 15.3% in Hastings.