Glencoe, MN vs Ham Lake, MN

There is a significant gap in the cost of living between these two cities. Glencoe is 29.9% cheaper than Ham Lake. With a cost index of 78 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Glencoe to Ham Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glencoe is $901/month compared to $1,319/month in Ham Lake — a 32% difference. Home values follow the same pattern: Glencoe is more affordable at $213,100 median vs $430,100.

Median household income in Glencoe is $63,967 compared to $116,845 in Ham Lake (-45.3%). While Ham Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Glencoe spend roughly 16.9% of their income on rent, more than the 13.5% in Ham Lake.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.8°F). Ham Lake receives more rainfall at 30.7" per year compared to 30.6" in Glencoe.