Hutchinson, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Hutchinson, MN Summary

Cost of living in Hutchinson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hutchinson is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Hutchinson is 101, with 100 being the average.

  • The cost of living index in Hutchinson is 1.0x higher than the national average.

  • Hutchinson ranks as the #54 cheapest in Minnesota out of 147.

  • Hutchinson ranks as the #3,263 cheapest out of 6,412 in the US.

  • The median home value in Hutchinson is $164,000.

  • The median income in Hutchinson is $58,795.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
101
Hutchinson's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in Hutchinson, MN?

According to the most recent data on the cost of living, Hutchinson has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.

Compared to Minnesota, Hutchinson has a cost of living index that's 1.1x higher than Minnesota's index of 95.

The standard of living in Hutchinson ranks as #54 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Hutchinson ranks as the #93 most expensive place in the North Star State.

For more reading on life in Hutchinson, check out:

54 out of 147
In Minnesota
3,263 out of 6,412
In America

Hutchinson Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Hutchinson. Here is how it fairs on each of the criteria:

  • The Services index in Hutchinson is 111.

  • The Groceries index in Hutchinson is 112.

  • The Health index in Hutchinson is 119.

  • The Housing index in Hutchinson is 78.

  • The Transportation index in Hutchinson is 97.

  • The Utilities index in Hutchinson is 100.

Living Expense Hutchinson Minnesota National Average
Overall 101 95 100
Services 111 101 100
Groceries 112 98 100
Health 119 111 100
Housing 78 83 100
Transportation 97 98 100
Utilities 100 95 100
For more reading on cost of living around Minnesota, check out:
Hutchinson Cost of Living Vs. MN

Hutchinson, 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 2017-2021. The key points are:

  • The Median Home Value in Hutchinson is $164,000.

  • The Median Rent in Hutchinson is $779.

  • The Median Income in Hutchinson is $58,795.

  • The Home Value To Income in Hutchinson is 2.8x.

  • The Rent To Monthly Income in Hutchinson is 0.16x.

Statistic Hutchinson Minnesota United States
Median Home Value $164,000 $250,200 $244,900
Median Rent $779 $1,081 $1,163
Median Income $58,795 $77,706 $69,021
Home Value To Income 2.8x 3.2x 3.5x
Rent To Monthly Income 0.16x 0.17x 0.2x
Search Homes For Sale In Hutchinson, MN
$164,000
Median Home Value
$779
Median Rent
$58,795
Median Income

Hutchinson, MN Costs By Category

Detailed Hutchinson Services Costs Vs. Minnesota

Item Hutchinson Minnesota
Shampoo $1.41 $1.06
Movie $11.5 $10.68
Bowling $14.67 $14.67
Haircut $22.14 $18.62
Beauty Salon $32.63 $39.05

Detailed Hutchinson Groceries Costs Vs. Minnesota

Item Hutchinson Minnesota
Ground Beef $4.38 $4.22
Fried Chicken $1.87 $1.39
Milk $2.51 $2.05
Potatoes $3.69 $3.29
Pizza $11.82 $10.62
Beer $9.02 $9.38
Toothpaste $2.47 $2.34

Detailed Hutchinson Health Costs Vs. Minnesota

Item Hutchinson Minnesota
Optometrist $121.88 $108.57
Doctor $188.46 $116.17
Dentist $98.83 $99.13

Detailed Hutchinson Transportation Costs Vs. Minnesota

Item Hutchinson Minnesota
Gasoline $2.14 $2.22
Tire Balancing $51.67 $50.07

Detailed Hutchinson Utilities Costs Vs. Minnesota

Item Hutchinson Minnesota
All Electricity $167.38 $167.67
Phone $181.73 $175.64

Hutchinson SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8
Diversity
5
Safety
8
Amenities
8.5
Education
8
Commute
9

Cost Of Living In Cities Around Hutchinson

The cost of living varies in the cities and towns around Hutchinson. Here's a quick look at the cost of living in the most populous nearby places:

  • Plymouth, MN has a cost of living index of 122, 1.2x Hutchinson.

  • Maple Grove, MN has a cost of living index of 117, 1.2x Hutchinson.

  • Eden Prairie, MN has a cost of living index of 121, 1.2x Hutchinson.

City Population Cost Of Living Vs. Hutchinson
Plymouth, MN 80,034 122 1.2x
Maple Grove, MN 69,900 117 1.2x
Eden Prairie, MN 64,048 121 1.2x
Minnetonka, MN 53,809 121 1.2x
Edina, MN 53,059 135 1.3x
Rogers, MN 13,182 120 1.2x
Victoria, MN 10,361 128 1.3x
Minnetrista, MN 8,215 146 1.4x
Shorewood, MN 7,779 134 1.3x
Corcoran, MN 6,317 125 1.2x

Articles About Minnesota

Enjoy The Snack?