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Hermantown, MN vs Sleepy Eye, MN

103
Hermantown
Minnesota
VS
+51.5%
68
Sleepy Eye
Minnesota

The cost of living difference between Hermantown, MN and Sleepy Eye, MN is dramatic. Sleepy Eye is 51.5% cheaper than Hermantown, a gap that translates to thousands of dollars per year in household expenses. Hermantown has a cost index of 103 while Sleepy Eye sits at 68, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hermantown is $1,375/month compared to $757/month in Sleepy Eye — a 82% difference. Home values follow the same pattern: Sleepy Eye is more affordable at $138,500 median vs $374,000.

Median household income in Hermantown is $92,026 compared to $64,811 in Sleepy Eye (+42%). The higher salaries in Hermantown partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hermantown spend roughly 17.9% of their income on rent, more than the 14% in Sleepy Eye.

Climate-wise, Sleepy Eye is notably warmer with an average of 45.4°F compared to 40.6°F in Hermantown. Hermantown receives more rainfall at 31.2" per year compared to 28" in Sleepy Eye.

Income & Cost

Cost of Living Index
Hermantown
103
Sleepy Eye
68
34% cheaper
Median Household Income
Hermantown
$92,026
30% higher
Sleepy Eye
$64,811

Housing

Median Rent
Hermantown
$1,375
Sleepy Eye
$757
45% cheaper
Median Home Value
Hermantown
$374,000
Sleepy Eye
$138,500
63% cheaper
Population
Hermantown
10,192
Sleepy Eye
3,438

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hermantown $2.97
Sleepy Eye
US $3.07
🥚
Eggs (grade A, large)
Hermantown $2.42
Sleepy Eye
US $2.50
🥛
Milk (whole)
Hermantown $3.90
Sleepy Eye
US $4.03
🍞
Bread (white)
Hermantown $1.79
Sleepy Eye
US $1.85
🍗
Chicken breast
Hermantown $4.01
Sleepy Eye
US $4.14
Electricity
Hermantown $0.17
Sleepy Eye
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hermantown 40.6°F
Sleepy Eye 45.4°F
Summer High
Hermantown 78°F
Sleepy Eye 84°F
Winter Low
Hermantown 2°F
Sleepy Eye 6°F
Rainfall
Hermantown 31.2"
Sleepy Eye 28"
Rainy Days
Hermantown 133d
Sleepy Eye 96d