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Ashby, MN vs Spicer, MN

69
Ashby
Minnesota
VS
-15.8%
81
Spicer
Minnesota

There is a significant gap in the cost of living between these two cities. Ashby is 15.8% cheaper than Spicer. With a cost index of 69 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ashby to Spicer should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ashby is $815/month compared to $825/month in Spicer — a 1% difference. Home values follow the same pattern: Ashby is more affordable at $125,000 median vs $278,500.

Median household income in Ashby is $55,250 compared to $76,406 in Spicer (-27.7%). While Spicer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ashby spend roughly 17.7% of their income on rent, more than the 13% in Spicer.

Income & Cost

Cost of Living Index
Ashby
69
16% cheaper
Spicer
81
Median Household Income
Ashby
$55,250
Spicer
$76,406
28% higher

Housing

Median Rent
Ashby
$815
1% cheaper
Spicer
$825
Median Home Value
Ashby
$125,000
55% cheaper
Spicer
$278,500
Population
Ashby
411
Spicer
1,222

Salary Equivalency Calculator

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