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Babbitt, MN vs Verndale, MN

60
Babbitt
Minnesota
VS
-3%
62
Verndale
Minnesota

Babbitt, MN and Verndale, MN have a very similar cost of living, with only a 3% difference in their overall index. Babbitt scores 60 while Verndale scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Babbitt is $726/month compared to $661/month in Verndale — a 10% difference. Interestingly, home values tell a different story: while Verndale has cheaper rent, Babbitt actually has lower median home values ($96,000 vs $105,500).

Median household income in Babbitt is $54,318 compared to $44,083 in Verndale (+23.2%). 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 18% in Verndale.

Income & Cost

Cost of Living Index
Babbitt
60
3% cheaper
Verndale
62
Median Household Income
Babbitt
$54,318
19% higher
Verndale
$44,083

Housing

Median Rent
Babbitt
$726
Verndale
$661
9% cheaper
Median Home Value
Babbitt
$96,000
9% cheaper
Verndale
$105,500
Population
Babbitt
1,420
Verndale
479

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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