Canby, MN vs Hamburg, MN

There is a significant gap in the cost of living between these two cities. Canby is 23.4% cheaper than Hamburg. With a cost index of 63 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Canby to Hamburg should plan for substantially higher expenses across most categories.

On the housing front, median rent in Canby is $600/month compared to $873/month in Hamburg — a 31% difference. Home values follow the same pattern: Canby is more affordable at $131,800 median vs $229,200.

Median household income in Canby is $58,839 compared to $78,125 in Hamburg (-24.7%). While Hamburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Canby spend roughly 12.2% of their income on rent, less than the 13.4% in Hamburg.