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Hutchinson, MN vs Princeton, MN

79
Hutchinson
Minnesota
VS
-4.4%
83
Princeton
Minnesota

Hutchinson, MN and Princeton, MN have a very similar cost of living, with only a 4.4% difference in their overall index. Hutchinson scores 79 while Princeton scores 83 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 Hutchinson is $933/month compared to $953/month in Princeton — a 2% difference. Home values follow the same pattern: Hutchinson is more affordable at $210,300 median vs $212,200.

Median household income in Hutchinson is $71,730 compared to $52,450 in Princeton (+36.8%). Hutchinson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hutchinson spend roughly 15.6% of their income on rent, less than the 21.8% in Princeton.

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

Income & Cost

Cost of Living Index
Hutchinson
79
4% cheaper
Princeton
83
Median Household Income
Hutchinson
$71,730
27% higher
Princeton
$52,450

Housing

Median Rent
Hutchinson
$933
2% cheaper
Princeton
$953
Median Home Value
Hutchinson
$210,300
1% cheaper
Princeton
$212,200
Population
Hutchinson
14,629
Princeton
4,988

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hutchinson
Princeton $3.20
US $3.07
🥚
Eggs (grade A, large)
Hutchinson
Princeton $2.61
US $2.50
🥛
Milk (whole)
Hutchinson
Princeton $4.21
US $4.03
🍞
Bread (white)
Hutchinson
Princeton $1.93
US $1.85
🍗
Chicken breast
Hutchinson
Princeton $4.33
US $4.14
Electricity
Hutchinson
Princeton $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

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