Hopkins, MN vs Moorhead, MN
There is a significant gap in the cost of living between these two cities. Moorhead is 28.9% cheaper than Hopkins. With a cost index of 82 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Moorhead to Hopkins should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hopkins is $1,346/month compared to $1,017/month in Moorhead — a 32% difference. Home values follow the same pattern: Moorhead is more affordable at $246,300 median vs $350,100.
Median household income in Hopkins is $71,170 compared to $69,371 in Moorhead (+2.6%). Hopkins 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 Hopkins spend roughly 22.7% of their income on rent, more than the 17.6% in Moorhead.
Climate-wise, Hopkins is notably warmer with an average of 46.7°F compared to 42.2°F in Moorhead. Hopkins receives more rainfall at 30.6" per year compared to 24" in Moorhead.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)