Amboy, MN vs Canby, MN

Amboy, MN and Canby, MN have a very similar cost of living, with only a 2.2% difference in their overall index. Amboy scores 64 while Canby scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Amboy is $760/month compared to $600/month in Canby — a 27% difference. Interestingly, home values tell a different story: while Canby has cheaper rent, Amboy actually has lower median home values ($125,300 vs $131,800).

Median household income in Amboy is $78,214 compared to $58,839 in Canby (+32.9%). While Amboy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Amboy spend roughly 11.7% of their income on rent, less than the 12.2% in Canby.