Belgrade, MN vs Hawley, MN
There is a significant gap in the cost of living between these two cities. Belgrade is 17% cheaper than Hawley. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Belgrade to Hawley should plan for substantially higher expenses across most categories.
On the housing front, median rent in Belgrade is $647/month compared to $742/month in Hawley — a 13% difference. Home values follow the same pattern: Belgrade is more affordable at $143,900 median vs $265,500.
Median household income in Belgrade is $48,977 compared to $92,017 in Hawley (-46.8%). While Hawley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belgrade spend roughly 15.9% of their income on rent, more than the 9.7% in Hawley.
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