Hutchinson, MN vs Princeton, MN
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
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)