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Holdingford, MN vs Springfield, MN

78
Holdingford
Minnesota
VS
+16.1%
67
Springfield
Minnesota

There is a significant gap in the cost of living between these two cities. Springfield is 16.1% cheaper than Holdingford. With a cost index of 67 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Springfield to Holdingford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Holdingford is $1,066/month compared to $781/month in Springfield — a 37% difference. Home values follow the same pattern: Springfield is more affordable at $117,600 median vs $172,600.

Median household income in Holdingford is $78,750 compared to $59,412 in Springfield (+32.5%). While Holdingford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Holdingford spend roughly 16.2% of their income on rent, more than the 15.8% in Springfield.

Climate-wise, both cities share similar average temperatures (42.9°F vs 45.4°F). Holdingford receives more rainfall at 28.5" per year compared to 28" in Springfield.

Income & Cost

Cost of Living Index
Holdingford
78
Springfield
67
14% cheaper
Median Household Income
Holdingford
$78,750
25% higher
Springfield
$59,412

Housing

Median Rent
Holdingford
$1,066
Springfield
$781
27% cheaper
Median Home Value
Holdingford
$172,600
Springfield
$117,600
32% cheaper
Population
Holdingford
771
Springfield
2,209

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Holdingford $2.97
Springfield
US $3.07
🥚
Eggs (grade A, large)
Holdingford $2.43
Springfield
US $2.50
🥛
Milk (whole)
Holdingford $3.91
Springfield
US $4.03
🍞
Bread (white)
Holdingford $1.79
Springfield
US $1.85
🍗
Chicken breast
Holdingford $4.02
Springfield
US $4.14
Electricity
Holdingford $0.17
Springfield
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Holdingford 42.9°F
Springfield 45.4°F
Summer High
Holdingford 82°F
Springfield 84°F
Winter Low
Holdingford 3°F
Springfield 6°F
Rainfall
Holdingford 28.5"
Springfield 28"
Rainy Days
Holdingford 111d
Springfield 96d