Bagley, MN vs Breckenridge, MN

Bagley, MN and Breckenridge, MN have a very similar cost of living, with only a 4% difference in their overall index. Bagley scores 63 while Breckenridge scores 60 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 Bagley is $717/month compared to $502/month in Breckenridge — a 43% difference. Interestingly, home values tell a different story: while Breckenridge has cheaper rent, Bagley actually has lower median home values ($135,100 vs $142,000).

Median household income in Bagley is $53,417 compared to $57,344 in Breckenridge (-6.8%). Breckenridge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bagley spend roughly 16.1% of their income on rent, more than the 10.5% in Breckenridge.