Credit River, MN vs Hugo, MN
Credit River is moderately more affordable than Hugo, with a 14.5% lower cost of living index. Credit River scores 108 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 Credit River is $890/month compared to $1,896/month in Hugo — a 53% difference. Interestingly, home values tell a different story: while Credit River has cheaper rent, Hugo actually has lower median home values ($394,200 vs $577,600).
Median household income in Credit River is $149,524 compared to $114,057 in Hugo (+31.1%). Credit River offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Credit River spend roughly 7.1% of their income on rent, less than the 19.9% in Hugo.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area