Hayward, MN vs Randall, MN
There is a significant gap in the cost of living between these two cities. Randall is 24% cheaper than Hayward. With a cost index of 67 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Randall to Hayward should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Hayward are $109,600 compared to $169,400 in Randall, a 35% gap.
Median household income in Hayward is $53,750 compared to $53,333 in Randall (+0.8%). Hayward does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
Climate-wise, Hayward is notably warmer with an average of 45.6°F compared to 42.2°F in Randall. Hayward receives more rainfall at 36.3" per year compared to 24.5" in Randall.
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Housing
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Climate
NOAA 30-year normals (1991-2020)