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Hayfield, MN vs Racine, MN

75
Hayfield
Minnesota
VS
-19.5%
93
Racine
Minnesota

There is a significant gap in the cost of living between these two cities. Hayfield is 19.5% cheaper than Racine. With a cost index of 75 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hayfield to Racine should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hayfield is $933/month compared to $1,318/month in Racine — a 29% difference. Home values follow the same pattern: Hayfield is more affordable at $173,000 median vs $239,500.

Median household income in Hayfield is $69,688 compared to $95,125 in Racine (-26.7%). While Racine 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, less than the 16.6% in Racine.

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

Income & Cost

Cost of Living Index
Hayfield
75
20% cheaper
Racine
93
Median Household Income
Hayfield
$69,688
Racine
$95,125
27% higher

Housing

Median Rent
Hayfield
$933
29% cheaper
Racine
$1,318
Median Home Value
Hayfield
$173,000
28% cheaper
Racine
$239,500
Population
Hayfield
1,382
Racine
476

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hayfield $2.97
Racine
US $3.07
🥚
Eggs (grade A, large)
Hayfield $2.43
Racine
US $2.50
🥛
Milk (whole)
Hayfield $3.91
Racine
US $4.03
🍞
Bread (white)
Hayfield $1.79
Racine
US $1.85
🍗
Chicken breast
Hayfield $4.02
Racine
US $4.14
Electricity
Hayfield $0.17
Racine
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hayfield 44.8°F
Racine 44.8°F
Summer High
Hayfield 80°F
Racine 80°F
Winter Low
Hayfield 7°F
Racine 7°F
Rainfall
Hayfield 34.7"
Racine 34.7"
Rainy Days
Hayfield 124d
Racine 124d