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Elgin, MN vs Hanska, MN

73
Elgin
Minnesota
VS
-6.6%
78
Hanska
Minnesota

Elgin is moderately more affordable than Hanska, with a 6.6% lower cost of living index. Elgin scores 73 compared to 78 for Hanska, where the US average is 100. This difference means residents of Hanska can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Elgin are $218,200 compared to $88,300 in Hanska, a 147% gap.

Median household income in Elgin is $87,000 compared to $63,750 in Hanska (+36.5%). Elgin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Elgin
73
7% cheaper
Hanska
78
Median Household Income
Elgin
$87,000
27% higher
Hanska
$63,750

Housing

Median Rent
Elgin
$738
Hanska
Median Home Value
Elgin
$218,200
Hanska
$88,300
60% cheaper
Population
Elgin
1,147
Hanska
391

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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