Hayfield, MN vs Montrose, MN

There is a significant gap in the cost of living between these two cities. Hayfield is 23.2% cheaper than Montrose. With a cost index of 75 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hayfield to Montrose should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hayfield is $933/month compared to $1,313/month in Montrose — a 29% difference. Home values follow the same pattern: Hayfield is more affordable at $173,000 median vs $260,100.

Median household income in Hayfield is $69,688 compared to $98,832 in Montrose (-29.5%). While Montrose is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hayfield spend roughly 16.1% of their income on rent, more than the 15.9% in Montrose.

Climate-wise, both cities share similar average temperatures (44.8°F vs 46.7°F). Hayfield receives more rainfall at 34.7" per year compared to 30.6" in Montrose.