Ham Lake, MN vs Jordan, MN
There is a significant gap in the cost of living between these two cities. Jordan is 16.3% cheaper than Ham Lake. With a cost index of 96 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jordan to Ham Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ham Lake is $1,319/month compared to $1,102/month in Jordan — a 20% difference. Home values follow the same pattern: Jordan is more affordable at $319,000 median vs $430,100.
Median household income in Ham Lake is $116,845 compared to $110,139 in Jordan (+6.1%). Ham Lake does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Ham Lake spend roughly 13.5% of their income on rent, more than the 12% in Jordan.
Climate-wise, both cities share similar average temperatures (45.8°F vs 46.7°F). Ham Lake receives more rainfall at 30.7" per year compared to 30.6" in Jordan.
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