Cost of Living in Hastings, MN
Population 22,050 · Minnesota · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Hastings a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $294,000.
Hastings sits roughly 20 miles southeast of St. Paul — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with St. Paul's $280,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hastings
The median home value in Hastings is $294,100 — 4% below the national median of $305,000. Median rent runs $1,184/month, 10% lower than the national median of $1,314/month. The median household income of $92,940/year is 25% higher than the US median of $74,580. The local unemployment rate is 3.9%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Hastings has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Hastings, MN?
Hastings has a cost index of 94 (100 = national average). It is 6% below the national average.
What is average rent in Hastings, MN?
The median gross rent in Hastings is $1,184 per month based on 2023 Census data.
What is the average home price in Hastings?
The median home value in Hastings is $294,100 according to Zillow and Census data.
What is the median income in Hastings?
The median household income in Hastings is $92,940 per year (2023 ACS 5-year estimates).
What is the sales tax in Hastings, MN?
The combined state and local sales tax rate in Hastings is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Hastings, MN affordable?
Hastings is near the national average in terms of cost of living, with an index of 94 (100 = US average).
Hastings at a Glance
- Population
- 22,050
- Median Income
- $92,940
- Home Value
- $294,100
- Median Rent
- $1,184/mo
- Unemployment
- 3.9%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
Similar Cost Cities
Cities in other states with comparable housing costs