Granada, MN vs Hokah, MN
There is a significant gap in the cost of living between these two cities. Granada is 21.1% cheaper than Hokah. With a cost index of 59 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Granada to Hokah should plan for substantially higher expenses across most categories.
On the housing front, median rent in Granada is $591/month compared to $911/month in Hokah — a 35% difference. Home values follow the same pattern: Granada is more affordable at $88,500 median vs $184,900.
Median household income in Granada is $49,750 compared to $60,313 in Hokah (-17.5%). The higher salaries in Hokah partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Granada spend roughly 14.3% of their income on rent, less than the 18.1% in Hokah.
Climate-wise, Hokah is notably warmer with an average of 48.8°F compared to 44.6°F in Granada. Hokah receives more rainfall at 35.2" per year compared to 29.3" in Granada.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)