Zip 56623 (Baudette, MN) Cost of Living


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United States / Minnesota / No Metro Area / Lake of the Woods County / Baudette / Baudette (zip 56623)
How much do I need to live in Baudette, Minnesota?
$2,910 / month
for a family, 46.1% less expensive than the national average A total of $34,920 for the year for a family.
$2,367 / month
for a single person, 50.3% less expensive than the national average A total of $28,400 for the year for a single person.

Baudette cost of living score
77
Less expensive
23.0% lower
than the US average
20.8% lower
than the Minnesota average
Baudette (zip 56623), Minnesota gets a BestPlaces Cost of Living score of 77, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.0% lower than the U.S. average and 20.8% higher than the average for Minnesota.

Zip 56623 (Baudette, MN)

Housing costs in Baudette?
A typical home costs $183,100, which is 45.8% less expensive than the national average of $338,100 and 40.8% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Baudette costs $930 per month, which is 35.0% cheaper than the national average of $1,430 and 33.3% cheaper than the state average of $1,240.

Can I afford Baudette?
To live comfortably in Baudette (zip 56623), Minnesota, a minimum annual income of $34,920 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Baudette?
The cost of living in 56623 Baudette, MN is quite reasonable compared to other areas. The median family income in this area is $50,520 and the median home cost is $108,100, both of which are significantly lower than the national averages. Additionally, the housing costs in this town are almost 25% lower than the rest of Minnesota. Utilities tend to be slightly more expensive here due to the colder climate, but overall groceries and transportation costs remain fairly low. As a result, 56623 Baudette has become an increasingly popular destination for people looking for a more affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBaudetteMinnesotaUnited States
    Unlock97.2100.0
  97.5  Unlock100.0
    Unlock78.3100.0
  52.4  Unlock100.0
    Unlock$309,500$338,100
  95.6  Unlock100.0
    Unlock96.4100.0
  76.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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