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Babbitt, MN vs Barnum, MN

60
Babbitt
Minnesota
VS
-12%
69
Barnum
Minnesota

Babbitt is moderately more affordable than Barnum, with a 12% lower cost of living index. Babbitt scores 60 compared to 69 for Barnum, where the US average is 100. This difference means residents of Barnum can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Babbitt is $726/month compared to $902/month in Barnum — a 20% difference. Home values follow the same pattern: Babbitt is more affordable at $96,000 median vs $131,300.

Median household income in Babbitt is $54,318 compared to $49,583 in Barnum (+9.5%). Babbitt offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Babbitt spend roughly 16% of their income on rent, less than the 21.8% in Barnum.

Income & Cost

Cost of Living Index
Babbitt
60
12% cheaper
Barnum
69
Median Household Income
Babbitt
$54,318
9% higher
Barnum
$49,583

Housing

Median Rent
Babbitt
$726
20% cheaper
Barnum
$902
Median Home Value
Babbitt
$96,000
27% cheaper
Barnum
$131,300
Population
Babbitt
1,420
Barnum
491

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Babbitt $2.97
Barnum $2.97
US $3.07
🥚
Eggs (grade A, large)
Babbitt $2.42
Barnum $2.42
US $2.50
🥛
Milk (whole)
Babbitt $3.90
Barnum $3.90
US $4.03
🍞
Bread (white)
Babbitt $1.79
Barnum $1.79
US $1.85
🍗
Chicken breast
Babbitt $4.01
Barnum $4.01
US $4.14
Electricity
Babbitt $0.17
Barnum $0.17
US $0.19