Cost of Living in Todd County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Todd County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Todd County ranks #1,046 of 3,144 counties for affordability (top 33%)
Data Story
About Cost of Living in Todd County, Minnesota
Todd rents strain modest incomes
Todd County's 16.2% rent-to-income ratio exceeds national norms, driven by a $63,039 median income that sits 15.7% below the national average. The $850 monthly rent is moderate, but housing costs take a larger toll on earnings here than they do nationally.
Above Minnesota average strain
At 16.2%, Todd County's ratio outpaces Minnesota's 14.5% state average, placing it among the state's less affordable counties. The $850 rent runs slightly below the state average of $915, yet income constraints push affordability pressure above the state norm.
Similar challenges to Swift and Wadena
Todd County's $850 rent sits between Stevens ($833) and Stearns ($1,057), but its $63,039 income aligns with lower-earning rural neighbors like Swift ($62,601). Todd faces affordability pressures comparable to the most strained counties in this cluster.
Tight squeeze on working households
Renters pay $850 monthly while homeowners invest $863, with a median home value of $188,400. Todd residents allocate 16.2% of their $63,039 income to rent alone, leaving limited resources for other essential expenses and savings.
Explore income opportunities first
Todd County's rural character and low home values appeal to remote workers and retirees with stable income. If you're job-hunting, ensure local wage prospects justify relocating to a county where housing strains household budgets.
Cost of Living Advisory: Todd County
Affordability Verdict
Todd County offers affordable rental housing at a median of $850/month — about 16.2% of the typical household income here.
Rent vs. Own
At $850/month rent versus $863/month in owner costs, renting is roughly $13/month cheaper — a 2% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,000/year. For owner costs at the 28% rule, the required income is roughly $36,986/year. With a median household income of $63,039, most households can comfortably afford rent here. Notably, 27.0% of renter households in Todd County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Minnesota, Todd County is more affordable than Wabasha County by roughly 7% ($850/mo vs $798/mo).
Affordability Calculator
See how your income compares to housing costs in Todd County
Rent Burden
16.2%
of gross income
Max Housing (28% Rule)
$1,471
per month
Owner Cost Burden
16.4%
of gross income
The median home in Todd County may be a stretch
Median home value is $188,400. Estimated monthly cost: $1,504 vs. your max of $1,471.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Todd County, Minnesota?
What is the median rent in Todd County?
Is Todd County affordable?
How does Todd County's rent compare to the state average?
What is the median home value in Todd County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Todd County, Minnesota? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Todd County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.