Glencoe, MN vs Hoyt Lakes, MN

Glencoe, MN and Hoyt Lakes, MN have a very similar cost of living, with only a 0.6% difference in their overall index. Glencoe scores 78 while Hoyt Lakes scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Glencoe are $213,100 compared to $90,700 in Hoyt Lakes, a 135% gap.

Median household income in Glencoe is $63,967 compared to $64,514 in Hoyt Lakes (-0.8%). Hoyt Lakes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

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