Much like other places in this area, it's a lot less expensive compared to the entire country. However it's somewhat less expensive compared to the city of Duluth.
Home prices
The median home in Hayward costs $125,500. This is is very similar in comparison to other places in this area.In comparison to the entire nation it is about $92,000 (42%) lower, and it is approximately $37,800 (23%) lower in comparison to the city of Duluth.
Rents
In Hayward the median monthly rent is $666. In comparison to other places in this area this is about $238 (55%) higher.Compared to the US as a whole it is approximately $396 (37%) lower, and is roughly $154 (18%) lower compared to the city of Duluth.
Nearby places
Little Round Lake
Little Round Lake is approximately 5 miles southeast from Hayward. The housing prices there are significantly less expensive. The median home in Little Round Lake is valued at $80,700, which is $44,800 (55%) lower than Hayward. Rents there are substantially less expensive. In Little Round Lake the median monthly rent is $352, which comes out to $314 (89%) lower than Hayward.
Chief Lake
Chief Lake is about 8 miles southeast of Hayward. Housing prices there are a bit less expensive. The median home price in Chief Lake is $111,400, which comes out to $14,100 (12%) lower than Hayward. Rents there are somewhat less expensive. Chief Lake's median monthly rent is $569, which works out to $97 (17%) lower than Hayward.
Reserve
Reserve is about 12 miles southeast of Hayward. The housing prices there are a lot less expensive. The median home in Reserve costs $91,700, which comes out to $33,800 (36%) lower than Hayward. The rent there is a lot less expensive. In Reserve the median monthly rent is $386, which works out to $280 (72%) lower than Hayward.
New Post
New Post is about 13 miles southeast from Hayward. The housing prices there are a lot more expensive. The median home in New Post costs $211,100, which comes out to $85,600 (40%) higher than Hayward. Rents there are significantly less expensive. The median monthly rent in New Post is $364, which works out to $302 (82%) lower than Hayward.
Cable
Cable is about 14 miles northeast from Hayward. Its real estate prices are a bit more expensive. The median home price in Cable is $132,500, which comes out to $7,000 (5%) higher than Hayward. The rent there is a lot less expensive. In Cable the median rent is $468 a month, which comes out to $198 (42%) lower than Hayward.
