States › Minnesota › Hutchinson

Is Hutchinson, MN expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,12736% lower than U.S. average
💵 Families earn per year (2026)$78,554about $6,546/month · 10% lower than U.S. average
🔑 House price$229,60031% lower than U.S. average

Rent is lower than in 80% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.7 minutes.

How much money do I need?

To rent here comfortably, you should earn about $45,080 a year. That is $22 an hour at a full-time job.

Is rent cheaper than other Minnesota cities?

Yes. Rent here is cheaper than in most of Minnesota. It is number 27 of 150 cities from cheapest to most expensive.

Hutchinson
$1,127
Alexandria
$1,156
Monticello
$1,474
Brainerd
$1,271
Robbinsdale
$2,252
North Mankato
$1,168
Fergus Falls
$1,056

How much do households earn in Hutchinson?

Under $25k
14.6%
$25k–50k
19.7%
$50k–100k
38.4%
$100k–150k
13.9%
$150k+
8.2%

Share of households by yearly income. 22.2% of households earn $100,000 or more.

Rent by apartment size in Hutchinson

SizeHutchinsonU.S. average
1 bedroom$876$1,324
2 bedrooms$1,089$1,509
3 bedrooms$1,274$1,698
4 bedrooms$1,560$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Hutchinson overall?

Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).

Housing
91
Goods (food, clothes…)
101
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hutchinson, so the Minnesota figure is shown.

Taxes and bills in Hutchinson

🏛️ Property tax$2,889a year · 1.26% of home value · U.S. $3,119
⚡ Electric bill$125a month (typical) · U.S. $156

Life in Hutchinson

Commute to work18.7 minU.S.: 26.4 min
College degree26.1%U.S.: 35.7%
Own their home68.6%U.S.: 65.2%
Below poverty line12.4%U.S.: 12.5%
Unemployment4%U.S.: 5.2%

Is it cheaper to rent or buy in Hutchinson?

Renting is cheaper right now: about $466 a month less.

Renting
$1,127
Owning
$1,593

Owning assumes a typical $229,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,960 for the down payment.

Frequently asked questions

What is the average rent in Hutchinson, MN?

Renting in Hutchinson costs a median of about $1,127 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in Hutchinson?

To keep rent under 30% of income, you need about $45,080 a year, or $22 an hour at a full-time job.

Is Hutchinson cheap or expensive?

Hutchinson is rated Cheap: rent takes 17.2% of the typical household income of $78,554. It ranks 27th cheapest of 150 Minnesota cities we track.

How much are property taxes in Hutchinson?

The median homeowner in Hutchinson pays $2,889 a year in property taxes, about 1.26% of the median home value.

Is Hutchinson more expensive than the national average?

Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Hutchinson?

The median home value in Hutchinson is $229,600, about 2.9 times the typical yearly household income.

14,680 people live in Hutchinson. Numbers are typical (middle) values.