Hugo, MN vs Richfield, MN
There is a significant gap in the cost of living between these two cities. Richfield is 22.4% cheaper than Hugo. With a cost index of 103 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Richfield to Hugo should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hugo is $1,896/month compared to $1,334/month in Richfield — a 42% difference. Home values follow the same pattern: Richfield is more affordable at $320,400 median vs $394,200.
Median household income in Hugo is $114,057 compared to $84,055 in Richfield (+35.7%). While Hugo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hugo spend roughly 19.9% of their income on rent, more than the 19% in Richfield.
Climate-wise, both cities share similar average temperatures (46.5°F vs 46.9°F). Richfield receives more rainfall at 31.6" per year compared to 29.2" in Hugo.
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Climate
NOAA 30-year normals (1991-2020)