Amboy, MN vs Magnolia, MN

Magnolia is moderately more affordable than Amboy, with a 5.3% lower cost of living index. Amboy scores 64 compared to 61 for Magnolia, where the US average is 100. This difference means residents of Amboy can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Amboy is $760/month compared to $754/month in Magnolia — a 1% difference. Home values follow the same pattern: Magnolia is more affordable at $78,000 median vs $125,300.

Median household income in Amboy is $78,214 compared to $47,159 in Magnolia (+65.9%). 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 19.2% in Magnolia.