Cost of Living in Hutchinson, MN
Population 14,629 · Minnesota · Data vintage 2023
(100 = US avg)
Buyers in Hutchinson can reasonably expect a home to cost less than three years of household income — $210,000 against $71,730 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.
Hutchinson is about 55 miles west of Minneapolis, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 39% lower than Minneapolis' $346,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hutchinson
The median home value in Hutchinson is $210,300 — 31% below the national median of $305,000. Median rent runs $933/month, 29% lower than the national median of $1,314/month. The median household income of $71,730/year is 4% lower than the US median of $74,580. The local unemployment rate is 4.5%, 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, Hutchinson has a cost of living index of 70 versus the US average of 100, meaning it is 30% 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Hutchinson, MN?
Hutchinson has a cost index of 70 (100 = national average). It is 30% below the national average.
What is average rent in Hutchinson, MN?
The median gross rent in Hutchinson is $933 per month based on 2023 Census data.
What is the average home price in Hutchinson?
The median home value in Hutchinson is $210,300 according to Zillow and Census data.
What is the median income in Hutchinson?
The median household income in Hutchinson is $71,730 per year (2023 ACS 5-year estimates).
What is the sales tax in Hutchinson, MN?
The combined state and local sales tax rate in Hutchinson is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Hutchinson, MN affordable?
Yes, Hutchinson is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.
Hutchinson at a Glance
- Population
- 14,629
- Median Income
- $71,730
- Home Value
- $210,300
- Median Rent
- $933/mo
- Unemployment
- 4.5%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
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