Hermantown, MN vs Norwood Young America, MN
Norwood Young America is moderately more affordable than Hermantown, with a 12.4% lower cost of living index. Hermantown scores 103 compared to 92 for Norwood Young America, where the US average is 100. This difference means residents of Hermantown can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Hermantown is $1,375/month compared to $1,032/month in Norwood Young America — a 33% difference. Home values follow the same pattern: Norwood Young America is more affordable at $289,400 median vs $374,000.
Median household income in Hermantown is $92,026 compared to $67,857 in Norwood Young America (+35.6%). While Hermantown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hermantown spend roughly 17.9% of their income on rent, less than the 18.3% in Norwood Young America.
Climate-wise, Norwood Young America is notably warmer with an average of 46.7°F compared to 40.6°F in Hermantown. Hermantown receives more rainfall at 31.2" per year compared to 30.6" in Norwood Young America.
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