Crookston, MN vs New Hope, MN

The cost of living difference between Crookston, MN and New Hope, MN is dramatic. Crookston is 33% cheaper than New Hope, a gap that translates to thousands of dollars per year in household expenses. Crookston has a cost index of 68 while New Hope sits at 102, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Crookston is $827/month compared to $1,306/month in New Hope — a 37% difference. Home values follow the same pattern: Crookston is more affordable at $160,700 median vs $314,600.

Median household income in Crookston is $54,003 compared to $73,698 in New Hope (-26.7%). The higher salaries in New Hope partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Crookston spend roughly 18.4% of their income on rent, less than the 21.3% in New Hope.