Cost of Living in Hilltop, MN

With a cost of living index of 72, Hilltop, MN is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 11% below the Minnesota state average of 82. Hilltop is a small community of 1,056 residents.

Housing costs are the biggest factor in Hilltop's cost of living. The median monthly rent is $1,092 (17% below the US median of $1,319), and the median home value sits at $24,600 (92% below the national median of $304,900). At current prices, the median home costs roughly 0.5x the median household income — well within traditional affordability guidelines.

The median household income in Hilltop is $47,708, which is 37% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Hilltop. The area sees an average annual temperature of 45.8°F, with summers averaging 71°F and winters around 19°F. Annual rainfall totals 30.7 inches spread over roughly 0 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher 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.