Beardsley, MN vs Hokah, MN
There is a significant gap in the cost of living between these two cities. Beardsley is 25% cheaper than Hokah. With a cost index of 56 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beardsley to Hokah should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beardsley is $533/month compared to $911/month in Hokah — a 42% difference. Home values follow the same pattern: Beardsley is more affordable at $74,500 median vs $184,900.
Median household income in Beardsley is $67,857 compared to $60,313 in Hokah (+12.5%). Beardsley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beardsley spend roughly 9.4% of their income on rent, less than the 18.1% in Hokah.
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