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<edgarSubmission xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>false</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
      <filer>
        <credentials>
          <cik>0001346378</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>06-30-2014</periodOfReport>
    </filerInfo>
  </headerData>
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    <coverPage>
      <reportCalendarOrQuarter>06-30-2014</reportCalendarOrQuarter>
      <filingManager>
        <name>Baldwin Investment Management, LLC</name>
        <address>
          <com:street1>100 FOUR FALLS CORPORATE CENTER</com:street1>
          <com:street2>SUITE 202</com:street2>
          <com:city>WEST CONSHOHOCKEN</com:city>
          <com:stateOrCountry>PA</com:stateOrCountry>
          <com:zipCode>19428</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-11586</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>PETER H HAVENS</name>
      <title>CHAIRMAN</title>
      <phone>610-260-0453</phone>
      <signature>PETER H HAVENS</signature>
      <city>WEST CONSHOHOCKEN</city>
      <stateOrCountry>PA</stateOrCountry>
      <signatureDate>08-08-2014</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
      <tableEntryTotal>133</tableEntryTotal>
      <tableValueTotal>231328</tableValueTotal>
      <isConfidentialOmitted>false</isConfidentialOmitted>
    </summaryPage>
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