Hastings, MN Cost of Living


2 Reviews



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How much do I need to live in Hastings, Minnesota?
$4,560 / month
for a family, 15.6% less expensive than the national average A total of $54,720 for the year for a family.
$3,400 / month
for a single person, 28.7% less expensive than the national average A total of $40,800 for the year for a single person.

Hastings cost of living score
106.1
More expensive
6.1% higher
than the US average
9.2% higher
than the Minnesota average
Hastings, Minnesota gets a BestPlaces Cost of Living score of 106.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% higher than the U.S. average and 9.2% higher than the average for Minnesota.

Hastings, MN

Housing costs in Hastings?
A typical home costs $286,200, which is 15.4% less expensive than the national average of $338,100 and 7.5% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Hastings costs $1,250 per month, which is 12.6% cheaper than the national average of $1,430 and close to the state average of $1,240.

Can I afford Hastings?
To live comfortably in Hastings, Minnesota, a minimum annual income of $54,720 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Hastings?
Hastings, MN is a great place to live due to its low cost of living. On average, housing costs in Hastings are around 20% lower than the rest of Minnesota and 22% lower than the national average. In addition, the cost of groceries and other everyday items is also very affordable, making it an attractive place for those looking for more affordable living. Finally, transportation costs are also very reasonable, with public transport options available at very low prices.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHastingsMinnesotaUnited States
    Unlock97.2100.0
  101.1  Unlock100.0
    Unlock78.3100.0
  99.9  Unlock100.0
    Unlock$309,500$338,100
  97.8  Unlock100.0
    Unlock96.4100.0
  140.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Hastings
    See all (2)

Over 18 years ago

Tons of reasons why Hastings is the best. Some natives, some transplants which makes for a great mix. We welcome the new because if you pick Hastings for what it is  More

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Over 18 years ago

Hastings, MN is a nice place to live if you enjoy a small-town atmosphere. The people are mostly friendly, everybody knows everybody, and the way of life is hard set  More

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