Hilltop, MN vs Mountain Iron, MN

Hilltop, MN and Mountain Iron, MN have a very similar cost of living, with only a 1.8% difference in their overall index. Hilltop scores 72 while Mountain Iron scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hilltop is $1,092/month compared to $911/month in Mountain Iron — a 20% difference. Interestingly, home values tell a different story: while Mountain Iron has cheaper rent, Hilltop actually has lower median home values ($24,600 vs $180,700).

Median household income in Hilltop is $47,708 compared to $81,607 in Mountain Iron (-41.5%). While Mountain Iron is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hilltop spend roughly 27.5% of their income on rent, more than the 13.4% in Mountain Iron.

Climate-wise, Hilltop is notably warmer with an average of 45.8°F compared to 36.9°F in Mountain Iron. Hilltop receives more rainfall at 30.7" per year compared to 24.8" in Mountain Iron.