Hibbing, MN Cost Of Living

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Updated: 2020-03-08
93
Hibbing's Overall Cost Of Living
0.9x
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Hibbing is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Hibbing, MN?

According to the most recent data on the cost of living, Hibbing has an overall cost of living index of 93 which is 0.9x lower than the national index of 100.

Compared to only Minnesota, Hibbing has a cost of living index that's 0.9x lower than Minnesota's index of 104.

The standard of living in Hibbing ranks as #2224 most affordable out of the 6522 places we measured in Minnesota. By definition, that implies Hibbing ranks as the #4182 most expensive place in the North Star State.

For more reading on life in Hibbing, check out:

Hibbing Cost Of Living Vs. Minnesota

Living Expense Hibbing Minnesota National Average
Overall 93 104 100
Services 112 109 100
Groceries 116 106 100
Health 115 110 100
Housing 55 100 100
Transportation 95 100 100
Utilities 100 98 100
For more reading on cost of living around Minnesota, check out:
Hibbing Cost of Living Vs. MN

Hibbing, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$103,000
Median Home Value
$548
Median Rent
$46,826
Median Income
Statistic Hibbing Minnesota United States
Median Home Value $103,000 $211,800 $204,900
Median Rent $548 $944 $1,023
Median Income $46,826 $68,411 $60,293
Home Value To Income 2.2x 3.1x 3.4x
Rent To Monthly Income 0.14x 0.17x 0.2x

Hibbing SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
4
Affordability
9
Diversity
5
Safety
7
Amenities
6
Education
8
Commute
9

Cost Of Living In Cities Around Hibbing

City Population Cost Of Living Vs. Hibbing
Grand Rapids, MN 11,140 98 1.1x
Virginia, MN 8,531 91 1.0x

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