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Biwabik, MN vs Hackensack, MN

61
Biwabik
Minnesota
VS
-11.7%
70
Hackensack
Minnesota

Biwabik is moderately more affordable than Hackensack, with a 11.7% lower cost of living index. Biwabik scores 61 compared to 70 for Hackensack, where the US average is 100. This difference means residents of Hackensack can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Biwabik is $725/month compared to $756/month in Hackensack — a 4% difference. Home values follow the same pattern: Biwabik is more affordable at $109,500 median vs $159,400.

Median household income in Biwabik is $69,620 compared to $32,109 in Hackensack (+116.8%). Biwabik offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Biwabik spend roughly 12.5% of their income on rent, less than the 28.3% in Hackensack.

Income & Cost

Cost of Living Index
Biwabik
61
12% cheaper
Hackensack
70
Median Household Income
Biwabik
$69,620
54% higher
Hackensack
$32,109

Housing

Median Rent
Biwabik
$725
4% cheaper
Hackensack
$756
Median Home Value
Biwabik
$109,500
31% cheaper
Hackensack
$159,400
Population
Biwabik
882
Hackensack
302

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Biwabik $2.97
Hackensack
US $3.07
🥚
Eggs (grade A, large)
Biwabik $2.42
Hackensack
US $2.50
🥛
Milk (whole)
Biwabik $3.90
Hackensack
US $4.03
🍞
Bread (white)
Biwabik $1.79
Hackensack
US $1.85
🍗
Chicken breast
Biwabik $4.01
Hackensack
US $4.14
Electricity
Biwabik $0.17
Hackensack
US $0.19