Hayfield, MN vs Pennock, MN

Hayfield, MN and Pennock, MN have a very similar cost of living, with only a 4.3% difference in their overall index. Hayfield scores 75 while Pennock scores 78 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 Hayfield is $933/month compared to $1,098/month in Pennock — a 15% difference. Interestingly, home values tell a different story: while Hayfield has cheaper rent, Pennock actually has lower median home values ($140,500 vs $173,000).

Median household income in Hayfield is $69,688 compared to $68,846 in Pennock (+1.2%). Hayfield offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hayfield spend roughly 16.1% of their income on rent, less than the 19.1% in Pennock.

Climate-wise, both cities share similar average temperatures (44.8°F vs 45.4°F). Hayfield receives more rainfall at 34.7" per year compared to 28" in Pennock.