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Claremont, MN vs Hendrum, MN

68
Claremont
Minnesota
VS
-3.5%
70
Hendrum
Minnesota

Claremont, MN and Hendrum, MN have a very similar cost of living, with only a 3.5% difference in their overall index. Claremont scores 68 while Hendrum scores 70 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 Claremont is $850/month compared to $850/month in Hendrum — a 0% difference. Interestingly, home values tell a different story: while Hendrum has cheaper rent, Claremont actually has lower median home values ($114,100 vs $131,300).

Median household income in Claremont is $66,458 compared to $53,472 in Hendrum (+24.3%). Claremont offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Claremont spend roughly 15.3% of their income on rent, less than the 19.1% in Hendrum.

Income & Cost

Cost of Living Index
Claremont
68
4% cheaper
Hendrum
70
Median Household Income
Claremont
$66,458
20% higher
Hendrum
$53,472

Housing

Median Rent
Claremont
$850
Hendrum
$850
Median Home Value
Claremont
$114,100
13% cheaper
Hendrum
$131,300
Population
Claremont
554
Hendrum
190

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Claremont $2.97
Hendrum
US $3.07
🥚
Eggs (grade A, large)
Claremont $2.43
Hendrum
US $2.50
🥛
Milk (whole)
Claremont $3.91
Hendrum
US $4.03
🍞
Bread (white)
Claremont $1.79
Hendrum
US $1.85
🍗
Chicken breast
Claremont $4.02
Hendrum
US $4.14
Electricity
Claremont $0.17
Hendrum
US $0.19