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Hackensack, MN vs Morgan, MN

70
Hackensack
Minnesota
VS
-4%
73
Morgan
Minnesota

Hackensack, MN and Morgan, MN have a very similar cost of living, with only a 4% difference in their overall index. Hackensack scores 70 while Morgan scores 73 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.

On the housing front, median rent in Hackensack is $756/month compared to $996/month in Morgan — a 24% difference. Interestingly, home values tell a different story: while Hackensack has cheaper rent, Morgan actually has lower median home values ($105,900 vs $159,400).

Median household income in Hackensack is $32,109 compared to $58,750 in Morgan (-45.3%). While Morgan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hackensack spend roughly 28.3% of their income on rent, more than the 20.3% in Morgan.

Climate-wise, Morgan is notably warmer with an average of 45.4°F compared to 40.4°F in Hackensack. Morgan receives more rainfall at 28" per year compared to 23.9" in Hackensack.

Income & Cost

Cost of Living Index
Hackensack
70
4% cheaper
Morgan
73
Median Household Income
Hackensack
$32,109
Morgan
$58,750
45% higher

Housing

Median Rent
Hackensack
$756
24% cheaper
Morgan
$996
Median Home Value
Hackensack
$159,400
Morgan
$105,900
34% cheaper
Population
Hackensack
302
Morgan
862

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hackensack 40.4°F
Morgan 45.4°F
Summer High
Hackensack 80°F
Morgan 84°F
Winter Low
Hackensack -3°F
Morgan 6°F
Rainfall
Hackensack 23.9"
Morgan 28"
Rainy Days
Hackensack 103d
Morgan 96d