Cost of Living in Hatfield, MN

With a cost of living index of 97, Hatfield, MN is slightly more affordable than average. Living here is 3% cheaper than the national average and 14% above the Minnesota state average of 82. Hatfield is a small community of 23 residents.

The median household income in Hatfield is $86,250, which is 15% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Hatfield. The area sees an average annual temperature of 45.1°F, with summers averaging 70°F and winters around 19°F. Annual rainfall totals 29.6 inches spread over roughly 108 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Sioux Falls, SD-MN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.