Hokah, MN vs Lake Wilson, MN

There is a significant gap in the cost of living between these two cities. Lake Wilson is 16.5% cheaper than Hokah. With a cost index of 64 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Wilson to Hokah should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hokah is $911/month compared to $750/month in Lake Wilson — a 22% difference. Home values follow the same pattern: Lake Wilson is more affordable at $92,800 median vs $184,900.

Median household income in Hokah is $60,313 compared to $59,375 in Lake Wilson (+1.6%). Hokah does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hokah spend roughly 18.1% of their income on rent, more than the 15.2% in Lake Wilson.

Climate-wise, Hokah is notably warmer with an average of 48.8°F compared to 45.1°F in Lake Wilson. Hokah receives more rainfall at 35.2" per year compared to 29.6" in Lake Wilson.