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Cost of Living in Todd County

Is it better to rent or buy in Todd County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$67,091
$884/mo

Median in area: $884

$208,550

Median in area: $208,550

$41,710

If you Rent

🔑
$1,150 /mo
Base Rent$884
Est. Utilities$266
% of Income20.6%
Pre-tax Residual$4,441

If you Buy

🏠
$1,624 /mo
P&I (7.08%)$1,119
Taxes & Ins$239
Est. Utilities$266
% of Income29.0%
Pre-tax Residual$3,967

Compare Nearby Areas

See how Todd County stacks up against neighboring areas.

countyOtter Tail County, MN
$898/mo
countyWadena County, MN
$760/mo
countyDouglas County, MN
$903/mo
countyStearns County, MN
$1,076/mo
countyMorrison County, MN
$818/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Todd County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Todd County. The estimated all-in monthly cost for renting is $1,150, while owning a median-priced home with a 20% down payment is roughly $1,624 per month (a difference of $474).

How much do utilities cost in Todd County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Todd County is approximately $266. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Todd County?›

To comfortably afford the median rent and utilities in Todd County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $46,000 per year.