Baxter, MN Cost Of Living
Cost Of Living In Baxter, MN Summary
Cost of living in Baxter research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Baxter is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Baxter is 107, with 100 being the average.
The cost of living index in Baxter is 1.1x higher than the national average.
Baxter ranks as the #86 cheapest in Minnesota out of 148.
Baxter ranks as the #3,374 cheapest out of 6,489 in the US.
The median home value in Baxter is $359,242.
The median income in Baxter is $71,272.
Table Of Contents
Baxter's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Baxter, MN?
According to the most recent data on the cost of living, Baxter has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Baxter has a cost of living index that's 1.1x higher than Minnesota's index of 97.
The standard of living in Baxter ranks as #86 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Baxter ranks as the #62 most expensive place in the North Star State.
For more reading on life in Baxter, check out:
In Minnesota
In America
Baxter Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Baxter. Here is how it fairs on each of the criteria:
The Services index in Baxter is 111.
The Groceries index in Baxter is 98.
The Health index in Baxter is 122.
The Housing index in Baxter is 110.
The Transportation index in Baxter is 99.
The Utilities index in Baxter is 92.
| Living Expense | Baxter | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 107 | 97 | 100 | |
| Services | 111 | 101 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 122 | 110 | 100 | |
| Housing | 110 | 100 | 100 | |
| Transportation | 99 | 95 | 100 | |
| Utilities | 92 | 94 | 100 | |
Baxter, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Baxter is $359,242.
The Median Rent in Baxter is $1,123.
The Median Income in Baxter is $71,272.
The Home Value To Income in Baxter is 5.0x.
The Rent To Monthly Income in Baxter is 0.19x.
Median Home Value
Median Rent
Median Income
Baxter, MN Costs By Category
Detailed Baxter Services Costs Vs. Minnesota
Detailed Baxter Groceries Costs Vs. Minnesota
Detailed Baxter Health Costs Vs. Minnesota
Detailed Baxter Transportation Costs Vs. Minnesota
Detailed Baxter Utilities Costs Vs. Minnesota
Baxter SnackAbility
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Cost Of Living In Cities Around Baxter
The cost of living varies in the cities and towns around Baxter. Here's a quick look at the cost of living in the most populous nearby places:
Sartell, MN has a cost of living index of 108, 1.0x Baxter.
Brainerd, MN has a cost of living index of 95, 0.9x Baxter.
Little Falls, MN has a cost of living index of 96, 0.9x Baxter.
| City | Population | Cost Of Living | Vs. Baxter |
|---|---|---|---|
| Sartell, MN | 19,620 | 108 | 1.0x |
| Brainerd, MN | 14,474 | 95 | 0.9x |
| Little Falls, MN | 9,094 | 96 | 0.9x |
