Cromwell, MN vs Hector, MN

Cromwell is moderately more affordable than Hector, with a 12.3% lower cost of living index. Cromwell scores 68 compared to 77 for Hector, where the US average is 100. This difference means residents of Hector can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cromwell is $825/month compared to $1,108/month in Hector — a 26% difference. Interestingly, home values tell a different story: while Cromwell has cheaper rent, Hector actually has lower median home values ($124,100 vs $150,000).

Median household income in Cromwell is $55,625 compared to $59,762 in Hector (-6.9%). The higher salaries in Hector partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cromwell spend roughly 17.8% of their income on rent, less than the 22.2% in Hector.