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 87, which is 0.9x lower than the national index of 100.
Compared to Minnesota, Hibbing has a cost of living index that's 0.9x lower than Minnesota's index of 101.
The standard of living in Hibbing ranks as #2 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Hibbing ranks as the #149 most expensive place in the North Star State.
For more reading on life in Hibbing, check out:
Hibbing Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Hibbing. Here is how it fares on each of the criteria:
The Services index in Hibbing is 101.
The Groceries index in Hibbing is 100.
The Health index in Hibbing is 60.
The Housing index in Hibbing is 105.
The Transportation index in Hibbing is 108.
The Utilities index in Hibbing is 97.
| Living Expense | Hibbing | Minnesota | National Average |
|---|---|---|---|
| Overall | 87 | 101 | 100 |
| Services | 101 | 101 | 100 |
| Groceries | 100 | 99 | 100 |
| Health | 60 | 99 | 100 |
| Housing | 105 | 101 | 100 |
| Transportation | 108 | 103 | 100 |
| Utilities | 97 | 101 | 100 |
Hibbing 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 Hibbing Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Hibbing, 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 Hibbing is $154,907.
The Median Rent in Hibbing is $833.
The Median Income in Hibbing is $55,789.
The Home Value To Income in Hibbing is 2.8x.
The Rent To Monthly Income in Hibbing is 0.18x.
Hibbing, MN Costs By Category
Detailed Hibbing Services costs vs. Minnesota
Detailed Hibbing Groceries costs vs. Minnesota
Detailed Hibbing Health costs vs. Minnesota
Detailed Hibbing Transportation costs vs. Minnesota
Hibbing SnackAbility
Cost Of Living In Cities Around Hibbing
The cost of living varies in the cities and towns around Hibbing. Here's a quick look at the cost of living in the most populous nearby places:
Grand Rapids, MN has a cost of living index of 96, 1.1x Hibbing.
Virginia, MN has a cost of living index of 85, 1.0x Hibbing.
| City | Population | Cost Of Living | Vs. Hibbing |
|---|---|---|---|
| Grand Rapids, MN | 11,207 | 96 | 1.1x |
| Virginia, MN | 8,332 | 85 | 1.0x |
