Babbitt, MN vs Lyle, MN
Lyle is moderately more affordable than Babbitt, with a 8.5% lower cost of living index. Babbitt scores 60 compared to 56 for Lyle, where the US average is 100. This difference means residents of Babbitt 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 $442/month in Lyle — a 64% difference. Interestingly, home values tell a different story: while Lyle has cheaper rent, Babbitt actually has lower median home values ($96,000 vs $105,400).
Median household income in Babbitt is $54,318 compared to $59,000 in Lyle (-7.9%). Lyle 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, more than the 9% in Lyle.
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