Hastings, MN vs Wyoming, MN
Hastings, MN and Wyoming, MN have a very similar cost of living, with only a 0.8% difference in their overall index. Hastings scores 97 while Wyoming scores 97 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 Hastings is $1,184/month compared to $1,117/month in Wyoming — a 6% difference. Interestingly, home values tell a different story: while Wyoming has cheaper rent, Hastings actually has lower median home values ($294,100 vs $328,900).
Median household income in Hastings is $92,940 compared to $101,938 in Wyoming (-8.8%). While Wyoming 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 13.1% in Wyoming.
Climate-wise, both cities share similar average temperatures (46.5°F vs 45.8°F). Wyoming receives more rainfall at 30.7" per year compared to 29.2" in Hastings.
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