Housing costs in Baldwin?
A typical home costs
$371,900, which is 10.0% more expensive than the national average of
$338,100 and 20.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Baldwin costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 6.1% more than the state average of
$1,240.
Can I afford Baldwin?
To live comfortably in Baldwin, Minnesota, a minimum annual income of
$71,280 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Baldwin?
The cost of living in Baldwin, MN is quite affordable compared to other nearby towns and cities. The median home value for this area is around $197,000, which is significantly lower than the national average of $231,200. Additionally, the median household income in Baldwin is around $66,000 per year. Other expenses such as groceries and utilities are also fairly reasonable in Baldwin. Overall, residents of this town can enjoy a comfortable lifestyle without breaking the bank.