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Dexter, MN vs Hammond, MN

74
Dexter
Minnesota
VS
+6.1%
70
Hammond
Minnesota

Hammond is moderately more affordable than Dexter, with a 6.1% lower cost of living index. Dexter scores 74 compared to 70 for Hammond, where the US average is 100. This difference means residents of Dexter can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dexter is $859/month compared to $845/month in Hammond — a 2% difference. Home values follow the same pattern: Hammond is more affordable at $139,600 median vs $173,300.

Median household income in Dexter is $87,083 compared to $50,000 in Hammond (+74.2%). While Dexter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dexter spend roughly 11.8% of their income on rent, less than the 20.3% in Hammond.

Income & Cost

Cost of Living Index
Dexter
74
Hammond
70
6% cheaper
Median Household Income
Dexter
$87,083
43% higher
Hammond
$50,000

Housing

Median Rent
Dexter
$859
Hammond
$845
2% cheaper
Median Home Value
Dexter
$173,300
Hammond
$139,600
19% cheaper
Population
Dexter
359
Hammond
125

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dexter
Hammond $2.97
US $3.07
🥚
Eggs (grade A, large)
Dexter
Hammond $2.43
US $2.50
🥛
Milk (whole)
Dexter
Hammond $3.91
US $4.03
🍞
Bread (white)
Dexter
Hammond $1.79
US $1.85
🍗
Chicken breast
Dexter
Hammond $4.02
US $4.14
Electricity
Dexter
Hammond $0.17
US $0.19