Baxter, MN vs Winona, MN

There is a significant gap in the cost of living between these two cities. Winona is 23% cheaper than Baxter. With a cost index of 75 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Winona to Baxter should plan for substantially higher expenses across most categories.

On the housing front, median rent in Baxter is $1,123/month compared to $839/month in Winona — a 34% difference. Home values follow the same pattern: Winona is more affordable at $193,500 median vs $298,400.

Median household income in Baxter is $71,272 compared to $56,163 in Winona (+26.9%). While Baxter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baxter spend roughly 18.9% of their income on rent, more than the 17.9% in Winona.