Argyle, MN vs Babbitt, MN

Argyle, MN and Babbitt, MN have a very similar cost of living, with only a 2.6% difference in their overall index. Argyle scores 62 while Babbitt scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Argyle is $426/month compared to $726/month in Babbitt — a 41% difference. Interestingly, home values tell a different story: while Argyle has cheaper rent, Babbitt actually has lower median home values ($96,000 vs $188,200).

Median household income in Argyle is $81,750 compared to $54,318 in Babbitt (+50.5%). While Argyle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Argyle spend roughly 6.3% of their income on rent, less than the 16% in Babbitt.