Hastings, MN vs Shakopee, MN

Hastings is moderately more affordable than Shakopee, with a 13.4% lower cost of living index. Hastings scores 97 compared to 111 for Shakopee, where the US average is 100. This difference means residents of Shakopee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hastings is $1,184/month compared to $1,495/month in Shakopee — a 21% difference. Home values follow the same pattern: Hastings is more affordable at $294,100 median vs $361,400.

Median household income in Hastings is $92,940 compared to $110,989 in Shakopee (-16.3%). While Shakopee 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, less than the 16.2% in Shakopee.

Climate-wise, both cities share similar average temperatures (46.5°F vs 46.7°F). Shakopee receives more rainfall at 30.6" per year compared to 29.2" in Hastings.