Ashby, MN vs Truman, MN

Ashby, MN and Truman, MN have a very similar cost of living, with only a 1.6% difference in their overall index. Ashby scores 69 while Truman scores 67 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 Ashby is $815/month compared to $942/month in Truman — a 14% difference. Interestingly, home values tell a different story: while Ashby has cheaper rent, Truman actually has lower median home values ($100,200 vs $125,000).

Median household income in Ashby is $55,250 compared to $59,095 in Truman (-6.5%). Truman offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ashby spend roughly 17.7% of their income on rent, less than the 19.1% in Truman.