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Byron, MN vs Hugo, MN

92
Byron
Minnesota
VS
-27.2%
126
Hugo
Minnesota

There is a significant gap in the cost of living between these two cities. Byron is 27.2% cheaper than Hugo. With a cost index of 92 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Byron to Hugo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Byron is $1,079/month compared to $1,896/month in Hugo — a 43% difference. Home values follow the same pattern: Byron is more affordable at $326,400 median vs $394,200.

Median household income in Byron is $121,681 compared to $114,057 in Hugo (+6.7%). 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 19.9% in Hugo.

Income & Cost

Cost of Living Index
Byron
92
27% cheaper
Hugo
126
Median Household Income
Byron
$121,681
6% higher
Hugo
$114,057

Housing

Median Rent
Byron
$1,079
43% cheaper
Hugo
$1,896
Median Home Value
Byron
$326,400
17% cheaper
Hugo
$394,200
Population
Byron
6,510
Hugo
16,076

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Byron $2.97
Hugo $3.20
US $3.07
🥚
Eggs (grade A, large)
Byron $2.43
Hugo $2.61
US $2.50
🥛
Milk (whole)
Byron $3.91
Hugo $4.21
US $4.03
🍞
Bread (white)
Byron $1.79
Hugo $1.93
US $1.85
🍗
Chicken breast
Byron $4.02
Hugo $4.33
US $4.14
Electricity
Byron $0.17
Hugo $0.17
US $0.19