Hastings, MN vs Mahtomedi, MN

There is a significant gap in the cost of living between these two cities. Hastings is 21.8% cheaper than Mahtomedi. With a cost index of 97 vs 123, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hastings to Mahtomedi should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hastings is $1,184/month compared to $1,608/month in Mahtomedi — a 26% difference. Home values follow the same pattern: Hastings is more affordable at $294,100 median vs $466,100.

Median household income in Hastings is $92,940 compared to $132,326 in Mahtomedi (-29.8%). While Mahtomedi is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hastings spend roughly 15.3% of their income on rent, more than the 14.6% in Mahtomedi.

Climate-wise, both cities share similar average temperatures (46.5°F vs 46.5°F). Mahtomedi receives more rainfall at 29.2" per year compared to 29.2" in Hastings.