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Babbitt, MN vs Racine, MN

60
Babbitt
Minnesota
VS
-35.2%
93
Racine
Minnesota

The cost of living difference between Babbitt, MN and Racine, MN is dramatic. Babbitt is 35.2% cheaper than Racine, a gap that translates to thousands of dollars per year in household expenses. Babbitt has a cost index of 60 while Racine sits at 93, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Babbitt is $726/month compared to $1,318/month in Racine — a 45% difference. Home values follow the same pattern: Babbitt is more affordable at $96,000 median vs $239,500.

Median household income in Babbitt is $54,318 compared to $95,125 in Racine (-42.9%). While Racine 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, less than the 16.6% in Racine.

Income & Cost

Cost of Living Index
Babbitt
60
35% cheaper
Racine
93
Median Household Income
Babbitt
$54,318
Racine
$95,125
43% higher

Housing

Median Rent
Babbitt
$726
45% cheaper
Racine
$1,318
Median Home Value
Babbitt
$96,000
60% cheaper
Racine
$239,500
Population
Babbitt
1,420
Racine
476

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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