Cost of Living Calculator - Hermantown, Minnesota vs Hoyt Lakes, Minnesota


The cost of living in Hoyt Lakes, Minnesota is 29.5% cheaper than Hermantown, Minnesota.

You would need a salary of $52,883 in Hoyt Lakes, Minnesota to maintain the standard of living you have in Hermantown, Minnesota.
Comparison highlights
• Overall, Hoyt Lakes, Minnesota is cheaper than Hermantown, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
71% cheaper in Hoyt Lakes
than in Hermantown, Minnesota
Hermantown, MN vs Hoyt Lakes, MN
Compared to Hermantown, Hoyt Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  29.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  8.1% lower
  Housing (Homeowner)
  74.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.4% higher
  Commute
  0.2% lower
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.0% higher

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