Carlos, MN vs Hayfield, MN

Carlos, MN and Hayfield, MN have a very similar cost of living, with only a 0.2% difference in their overall index. Carlos scores 75 while Hayfield scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Carlos is $888/month compared to $933/month in Hayfield — a 5% difference. Interestingly, home values tell a different story: while Carlos has cheaper rent, Hayfield actually has lower median home values ($173,000 vs $174,600).

Median household income in Carlos is $65,625 compared to $69,688 in Hayfield (-5.8%). While Hayfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carlos spend roughly 16.2% of their income on rent, more than the 16.1% in Hayfield.