Housing costs in Babbitt?
A typical home costs
$111,900, which is 66.9% less expensive than the national average of
$338,100 and 63.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Babbitt costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 40.9% cheaper than the state average of
$1,240.
Can I afford Babbitt?
To live comfortably in Babbitt, Minnesota, a minimum annual income of
$21,600 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Babbitt?
The cost of living in Babbitt, MN is relatively low compared to other places in the state. Housing costs are affordable with median home prices only around $90,000. Utilities and groceries are also quite reasonable, making it easy to live comfortably on a budget. Property taxes are also lower here than many other cities and towns in Minnesota. Overall, Babbitt offers an inviting blend of affordability and convenience that makes it an attractive place for those looking to live within their means.