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Babbitt, MN vs Milan, MN

60
Babbitt
Minnesota
VS
-17%
73
Milan
Minnesota

There is a significant gap in the cost of living between these two cities. Babbitt is 17% cheaper than Milan. With a cost index of 60 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Babbitt to Milan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Babbitt is $726/month compared to $1,102/month in Milan — a 34% difference. Interestingly, home values tell a different story: while Babbitt has cheaper rent, Milan actually has lower median home values ($70,000 vs $96,000).

Median household income in Babbitt is $54,318 compared to $50,625 in Milan (+7.3%). 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 26.1% in Milan.

Income & Cost

Cost of Living Index
Babbitt
60
17% cheaper
Milan
73
Median Household Income
Babbitt
$54,318
7% higher
Milan
$50,625

Housing

Median Rent
Babbitt
$726
34% cheaper
Milan
$1,102
Median Home Value
Babbitt
$96,000
Milan
$70,000
27% cheaper
Population
Babbitt
1,420
Milan
498

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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