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Babbitt, MN vs Pipestone, MN

60
Babbitt
Minnesota
VS
-5.4%
64
Pipestone
Minnesota

Babbitt is moderately more affordable than Pipestone, with a 5.4% lower cost of living index. Babbitt scores 60 compared to 64 for Pipestone, where the US average is 100. This difference means residents of Pipestone 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 $722/month in Pipestone — a 1% difference. Interestingly, home values tell a different story: while Pipestone has cheaper rent, Babbitt actually has lower median home values ($96,000 vs $102,000).

Median household income in Babbitt is $54,318 compared to $61,442 in Pipestone (-11.6%). While Pipestone 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 Pipestone.

Income & Cost

Cost of Living Index
Babbitt
60
5% cheaper
Pipestone
64
Median Household Income
Babbitt
$54,318
Pipestone
$61,442
12% higher

Housing

Median Rent
Babbitt
$726
Pipestone
$722
1% cheaper
Median Home Value
Babbitt
$96,000
6% cheaper
Pipestone
$102,000
Population
Babbitt
1,420
Pipestone
4,165

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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