Hibbing, MN vs Richfield, MN

The cost of living difference between Hibbing, MN and Richfield, MN is dramatic. Hibbing is 38.9% cheaper than Richfield, a gap that translates to thousands of dollars per year in household expenses. Hibbing has a cost index of 63 while Richfield sits at 103, 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 Hibbing is $739/month compared to $1,334/month in Richfield — a 45% difference. Home values follow the same pattern: Hibbing is more affordable at $123,900 median vs $320,400.

Median household income in Hibbing is $55,463 compared to $84,055 in Richfield (-34%). The higher salaries in Richfield partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hibbing spend roughly 16% of their income on rent, less than the 19% in Richfield.

Climate-wise, Richfield is notably warmer with an average of 46.9°F compared to 36.9°F in Hibbing. Richfield receives more rainfall at 31.6" per year compared to 24.8" in Hibbing.