Coon Rapids, MN vs Hastings, MN
Hastings is moderately more affordable than Coon Rapids, with a 6.8% lower cost of living index. Coon Rapids scores 103 compared to 97 for Hastings, where the US average is 100. This difference means residents of Coon Rapids can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Coon Rapids is $1,418/month compared to $1,184/month in Hastings — a 20% difference. Interestingly, home values tell a different story: while Hastings has cheaper rent, Coon Rapids actually has lower median home values ($287,200 vs $294,100).
Median household income in Coon Rapids is $86,618 compared to $92,940 in Hastings (-6.8%). Hastings offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Coon Rapids spend roughly 19.6% of their income on rent, more than the 15.3% in Hastings.
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