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Hendrum, MN vs Holloway, MN

70
Hendrum
Minnesota
VS
+24.2%
56
Holloway
Minnesota

There is a significant gap in the cost of living between these two cities. Holloway is 24.2% cheaper than Hendrum. With a cost index of 56 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Holloway to Hendrum should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hendrum is $850/month compared to $581/month in Holloway — a 46% difference. Home values follow the same pattern: Holloway is more affordable at $63,800 median vs $131,300.

Median household income in Hendrum is $53,472 compared to $45,625 in Holloway (+17.2%). The higher salaries in Hendrum partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hendrum spend roughly 19.1% of their income on rent, more than the 15.3% in Holloway.

Climate-wise, both cities share similar average temperatures (42.2°F vs 42.5°F). Holloway receives more rainfall at 24.1" per year compared to 24" in Hendrum.

Income & Cost

Cost of Living Index
Hendrum
70
Holloway
56
20% cheaper
Median Household Income
Hendrum
$53,472
15% higher
Holloway
$45,625

Housing

Median Rent
Hendrum
$850
Holloway
$581
32% cheaper
Median Home Value
Hendrum
$131,300
Holloway
$63,800
51% cheaper
Population
Hendrum
190
Holloway
64

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hendrum 42.2°F
Holloway 42.5°F
Summer High
Hendrum 82°F
Holloway 80°F
Winter Low
Hendrum 0°F
Holloway 2°F
Rainfall
Hendrum 24"
Holloway 24.1"
Rainy Days
Hendrum 109d
Holloway 92d