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Canby, MN vs Wadena, MN

63
Canby
Minnesota
VS
-7%
67
Wadena
Minnesota

Canby is moderately more affordable than Wadena, with a 7% lower cost of living index. Canby scores 63 compared to 67 for Wadena, where the US average is 100. This difference means residents of Wadena can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Canby is $600/month compared to $683/month in Wadena — a 12% difference. Home values follow the same pattern: Canby is more affordable at $131,800 median vs $158,700.

Median household income in Canby is $58,839 compared to $45,850 in Wadena (+28.3%). Canby offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Canby spend roughly 12.2% of their income on rent, less than the 17.9% in Wadena.

Income & Cost

Cost of Living Index
Canby
63
7% cheaper
Wadena
67
Median Household Income
Canby
$58,839
22% higher
Wadena
$45,850

Housing

Median Rent
Canby
$600
12% cheaper
Wadena
$683
Median Home Value
Canby
$131,800
17% cheaper
Wadena
$158,700
Population
Canby
1,563
Wadena
4,361

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