Cost of Living in Todd County, Minnesota

$850/mo
Median Monthly Rent
$188,400
Median Home Value
7% below state averageUnaffordable

At a Glance

Median Monthly Rent
$850/mo
7% below state average
Median Home Value
$188,400
33% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Todd County Compares

Median monthly rent comparison

Todd County$850/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$850/mo
Median Gross Rent
$188,400
Median Home Value
$863/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

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.

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

Your rent-to-income ratio16.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Todd County, Minnesota?
Todd County, Minnesota has a median monthly rent of $850/mo and a median home value of $188,400. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Todd County?
The median gross rent in Todd County is $850/mo. This is 7% below state average for Minnesota.
Is Todd County affordable?
Todd County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Todd County's rent compare to the state average?
Todd County's median rent of $850/mo is 7% below state average of $915/mo for Minnesota.
What is the median home value in Todd County?
The median home value in Todd County, Minnesota is $188,400. This is 33% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.