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Deer River, MN vs Hackensack, MN

62
Deer River
Minnesota
VS
-10.3%
70
Hackensack
Minnesota

Deer River is moderately more affordable than Hackensack, with a 10.3% lower cost of living index. Deer River scores 62 compared to 70 for Hackensack, where the US average is 100. This difference means residents of Hackensack can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Deer River is $680/month compared to $756/month in Hackensack — a 10% difference. Home values follow the same pattern: Deer River is more affordable at $100,000 median vs $159,400.

Median household income in Deer River is $38,029 compared to $32,109 in Hackensack (+18.4%). Deer 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 Deer River spend roughly 21.5% of their income on rent, less than the 28.3% in Hackensack.

Income & Cost

Cost of Living Index
Deer River
62
10% cheaper
Hackensack
70
Median Household Income
Deer River
$38,029
16% higher
Hackensack
$32,109

Housing

Median Rent
Deer River
$680
10% cheaper
Hackensack
$756
Median Home Value
Deer River
$100,000
37% cheaper
Hackensack
$159,400
Population
Deer River
887
Hackensack
302

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