Byron, MN vs Hopkins, MN

Byron is moderately more affordable than Hopkins, with a 13.2% lower cost of living index. Byron scores 92 compared to 106 for Hopkins, where the US average is 100. This difference means residents of Hopkins can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Byron is $1,079/month compared to $1,346/month in Hopkins — a 20% difference. Home values follow the same pattern: Byron is more affordable at $326,400 median vs $350,100.

Median household income in Byron is $121,681 compared to $71,170 in Hopkins (+71%). Byron offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Byron spend roughly 10.6% of their income on rent, less than the 22.7% in Hopkins.