Glencoe, MN vs Hibbing, MN

There is a significant gap in the cost of living between these two cities. Hibbing is 24.3% cheaper than Glencoe. With a cost index of 63 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hibbing to Glencoe should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glencoe is $901/month compared to $739/month in Hibbing — a 22% difference. Home values follow the same pattern: Hibbing is more affordable at $123,900 median vs $213,100.

Median household income in Glencoe is $63,967 compared to $55,463 in Hibbing (+15.3%). The higher salaries in Glencoe partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Glencoe spend roughly 16.9% of their income on rent, more than the 16% in Hibbing.

Climate-wise, Glencoe is notably warmer with an average of 46.7°F compared to 36.9°F in Hibbing. Glencoe receives more rainfall at 30.6" per year compared to 24.8" in Hibbing.