Albany, MN vs Scanlon, MN

There is a significant gap in the cost of living between these two cities. Albany is 29.6% cheaper than Scanlon. With a cost index of 67 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Albany to Scanlon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Albany is $579/month compared to $1,550/month in Scanlon — a 63% difference. Interestingly, home values tell a different story: while Albany has cheaper rent, Scanlon actually has lower median home values ($221,500 vs $226,000).

Median household income in Albany is $75,417 compared to $75,833 in Scanlon (-0.5%). Scanlon does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Albany spend roughly 9.2% of their income on rent, less than the 24.5% in Scanlon.