Edina, MN vs Hastings, MN

The cost of living difference between Edina, MN and Hastings, MN is dramatic. Hastings is 46% cheaper than Edina, a gap that translates to thousands of dollars per year in household expenses. Edina has a cost index of 141 while Hastings sits at 97, 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 Edina is $1,757/month compared to $1,184/month in Hastings — a 48% difference. Home values follow the same pattern: Hastings is more affordable at $294,100 median vs $624,000.

Median household income in Edina is $129,225 compared to $92,940 in Hastings (+39%). The higher salaries in Edina partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Edina spend roughly 16.3% of their income on rent, more than the 15.3% in Hastings.