Carver, MN vs Hugo, MN
Carver is moderately more affordable than Hugo, with a 11% lower cost of living index. Carver scores 112 compared to 126 for Hugo, where the US average is 100. This difference means residents of Hugo can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Carver is $1,347/month compared to $1,896/month in Hugo — a 29% difference. Interestingly, home values tell a different story: while Carver has cheaper rent, Hugo actually has lower median home values ($394,200 vs $427,600).
Median household income in Carver is $144,408 compared to $114,057 in Hugo (+26.6%). Carver offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carver spend roughly 11.2% of their income on rent, less than the 19.9% in Hugo.
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