Babbitt, MN vs Goodview, MN

There is a significant gap in the cost of living between these two cities. Babbitt is 22.6% cheaper than Goodview. With a cost index of 60 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Babbitt to Goodview should plan for substantially higher expenses across most categories.

On the housing front, median rent in Babbitt is $726/month compared to $884/month in Goodview — a 18% difference. Home values follow the same pattern: Babbitt is more affordable at $96,000 median vs $215,200.

Median household income in Babbitt is $54,318 compared to $75,375 in Goodview (-27.9%). While Goodview is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Babbitt spend roughly 16% of their income on rent, more than the 14.1% in Goodview.