What is the cost of living in Hastings, MN?
According to the most recent data on the cost of living, Hastings has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Hastings has a cost of living index that's 1.0x higher than Minnesota's index of 101.
The standard of living in Hastings ranks as #68 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Hastings ranks as the #83 most expensive place in the North Star State.
For more reading on life in Hastings, check out:
Hastings Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Hastings. Here is how it fares on each of the criteria:
The Services index in Hastings is 98.
The Groceries index in Hastings is 99.
The Health index in Hastings is 115.
The Housing index in Hastings is 100.
The Transportation index in Hastings is 105.
The Utilities index in Hastings is 98.
| Living Expense | Hastings | Minnesota | National Average |
|---|---|---|---|
| Overall | 105 | 101 | 100 |
| Services | 98 | 101 | 100 |
| Groceries | 99 | 99 | 100 |
| Health | 115 | 99 | 100 |
| Housing | 100 | 101 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 98 | 101 | 100 |
Hastings Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in Hastings Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Hastings, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Hastings is $378,759.
The Median Rent in Hastings is $1,183.
The Median Income in Hastings is $93,998.
The Home Value To Income in Hastings is 4.0x.
The Rent To Monthly Income in Hastings is 0.15x.
Hastings, MN Costs By Category
Detailed Hastings Services costs vs. Minnesota
Detailed Hastings Groceries costs vs. Minnesota
Detailed Hastings Health costs vs. Minnesota
Detailed Hastings Transportation costs vs. Minnesota
Hastings SnackAbility
Cost Of Living In Cities Around Hastings
The cost of living varies in the cities and towns around Hastings. Here's a quick look at the cost of living in the most populous nearby places:
Woodbury, MN has a cost of living index of 120, 1.1x Hastings.
Lakeville, MN has a cost of living index of 122, 1.2x Hastings.
Eagan, MN has a cost of living index of 117, 1.1x Hastings.
| City | Population | Cost Of Living | Vs. Hastings |
|---|---|---|---|
| Woodbury, MN | 78,305 | 120 | 1.1x |
| Lakeville, MN | 74,354 | 122 | 1.2x |
| Eagan, MN | 68,000 | 117 | 1.1x |
| Apple Valley, MN | 55,679 | 114 | 1.1x |
| Cottage Grove, MN | 40,992 | 115 | 1.1x |
| Rosemount, MN | 27,562 | 117 | 1.1x |
| Farmington, MN | 23,902 | 112 | 1.1x |
| Hudson, WI | 14,959 | 112 | 1.1x |
| Lake Elmo, MN | 13,140 | 132 | 1.3x |
| Mendota Heights, MN | 11,612 | 126 | 1.2x |
