Hugo, MN, presents a cost of living that is slightly below the nationwide average. The overall cost of living index for Hugo is 96, which is 4% lower than the national average of 100. This makes housing, groceries, transportation, and miscellaneous expenses more affordable for residents. Utilities and healthcare costs, however, are slightly higher, with utilities at 105 and healthcare at 100.
Hugo, MN, presents a cost of living that is slightly below the nationwide average. The housing index in Hugo stands at 95, which is 5% lower than the national average. This suggests that housing costs in Hugo are more affordable, making it an attractive option for those looking to save on housing expenses. Additionally, the groceries index in Hugo is 98, indicating that grocery prices are only 2% below the national average. This small difference means that residents can expect to spend nearly the same amount on groceries as they would elsewhere.
Utilities in Hugo, however, are slightly higher than the average, with an index of 105. This means that utility costs are 5% higher than the national average. Despite this, the overall cost of living in Hugo remains competitive, with healthcare costs at par with the national average at 100. The miscellaneous index in Hugo is 97, which is 3% below the average, offering some savings in other areas. Overall, Hugo provides a balanced cost of living with a few areas where residents can expect to save money.