Cost of Living in Baudette, MN

With a cost of living index of 73, Baudette, MN is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and 9% below the Minnesota state average of 82. Baudette is a small community of 1,117 residents.

Housing costs are the biggest factor in Baudette's cost of living. The median monthly rent is $849 (36% below the US median of $1,319), and the median home value sits at $171,000 (44% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Baudette is $71,042, which is 5% lower than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.