Cost of Living in Hibbing, MN
Population 16,100 · Minnesota · Data vintage 2023
(100 = US avg)
Hibbing sits on the smaller end of the Minnesota city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Hibbing lies roughly 170 miles north of the nearest major metro, Minneapolis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 64% lower than Minneapolis' $346,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hibbing
The median home value in Hibbing is $123,900 — 59% below the national median of $305,000. Median rent runs $739/month, 44% lower than the national median of $1,314/month. The median household income of $55,463/year is 26% lower than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. The climate averages highs of 48.6°F and lows of 25.1°F. Overall, Hibbing has a cost of living index of 47 versus the US average of 100, meaning it is 53% 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 17 | 23 | 35 | 50 | 63 | 72 | 77 | 75 | 66 | 51 | 34 | 21 |
| Low °F | -4 | -1 | 12 | 25 | 36 | 46 | 50 | 48 | 40 | 30 | 17 | 3 |
| Precip" | 0.51 | 0.53 | 0.91 | 1.61 | 2.76 | 4.36 | 3.85 | 3.09 | 3.06 | 2.35 | 1.09 | 0.64 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Hibbing, MN?
Hibbing has a cost index of 47 (100 = national average). It is 53% below the national average.
What is average rent in Hibbing, MN?
The median gross rent in Hibbing is $739 per month based on 2023 Census data.
What is the average home price in Hibbing?
The median home value in Hibbing is $123,900 according to Zillow and Census data.
What is the median income in Hibbing?
The median household income in Hibbing is $55,463 per year (2023 ACS 5-year estimates).
What is the sales tax in Hibbing, MN?
The combined state and local sales tax rate in Hibbing is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Hibbing, MN affordable?
Yes, Hibbing is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.
What is the weather like in Hibbing?
Hibbing has average high temperatures of 48.6°F and average lows of 25.1°F. Annual precipitation is 24.8". Data from NOAA 1991–2020 Climate Normals.
Hibbing at a Glance
- Population
- 16,100
- Median Income
- $55,463
- Home Value
- $123,900
- Median Rent
- $739/mo
- Unemployment
- 5.2%
- Avg High Temp
- 48.6°F
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
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