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Graceville, MN vs Hinckley, MN

63
Graceville
Minnesota
VS
-18.5%
78
Hinckley
Minnesota

There is a significant gap in the cost of living between these two cities. Graceville is 18.5% cheaper than Hinckley. With a cost index of 63 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Graceville to Hinckley should plan for substantially higher expenses across most categories.

On the housing front, median rent in Graceville is $703/month compared to $1,004/month in Hinckley — a 30% difference. Home values follow the same pattern: Graceville is more affordable at $101,700 median vs $165,200.

Median household income in Graceville is $51,667 compared to $41,979 in Hinckley (+23.1%). Graceville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Graceville spend roughly 16.3% of their income on rent, less than the 28.7% in Hinckley.

Climate-wise, both cities share similar average temperatures (44°F vs 41.4°F). Hinckley receives more rainfall at 33.3" per year compared to 22.9" in Graceville.

Income & Cost

Cost of Living Index
Graceville
63
18% cheaper
Hinckley
78
Median Household Income
Graceville
$51,667
19% higher
Hinckley
$41,979

Housing

Median Rent
Graceville
$703
30% cheaper
Hinckley
$1,004
Median Home Value
Graceville
$101,700
38% cheaper
Hinckley
$165,200
Population
Graceville
586
Hinckley
1,665

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Graceville 44°F
Hinckley 41.4°F
Summer High
Graceville 83°F
Hinckley 79°F
Winter Low
Graceville 4°F
Hinckley 2°F
Rainfall
Graceville 22.9"
Hinckley 33.3"
Rainy Days
Graceville 108d
Hinckley 121d