Hermantown, MN vs Ramsey, MN

Hermantown is moderately more affordable than Ramsey, with a 13.4% lower cost of living index. Hermantown scores 103 compared to 119 for Ramsey, where the US average is 100. This difference means residents of Ramsey 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 $1,780/month in Ramsey — a 23% difference. Interestingly, home values tell a different story: while Hermantown has cheaper rent, Ramsey actually has lower median home values ($345,000 vs $374,000).

Median household income in Hermantown is $92,026 compared to $112,060 in Ramsey (-17.9%). While Ramsey 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 19.1% in Ramsey.

Climate-wise, Ramsey is notably warmer with an average of 45.8°F compared to 40.6°F in Hermantown. Hermantown receives more rainfall at 31.2" per year compared to 30.7" in Ramsey.