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Montgomery, MN vs Redby, MN

82
Montgomery
Minnesota
VS
+38.5%
59
Redby
Minnesota

The cost of living difference between Montgomery, MN and Redby, MN is dramatic. Redby is 38.5% cheaper than Montgomery, a gap that translates to thousands of dollars per year in household expenses. Montgomery has a cost index of 82 while Redby sits at 59, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Montgomery is $896/month compared to $539/month in Redby — a 66% difference. Home values follow the same pattern: Redby is more affordable at $109,500 median vs $218,900.

Median household income in Montgomery is $74,018 compared to $53,846 in Redby (+37.5%). The higher salaries in Montgomery partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Montgomery spend roughly 14.5% of their income on rent, more than the 12% in Redby.

Climate-wise, Montgomery is notably warmer with an average of 46.7°F compared to 37.7°F in Redby. Montgomery receives more rainfall at 30.6" per year compared to 24.3" in Redby.

Income & Cost

Cost of Living Index
Montgomery
82
Redby
59
28% cheaper
Median Household Income
Montgomery
$74,018
27% higher
Redby
$53,846

Housing

Median Rent
Montgomery
$896
Redby
$539
40% cheaper
Median Home Value
Montgomery
$218,900
Redby
$109,500
50% cheaper
Population
Montgomery
3,366
Redby
1,175

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Montgomery $3.20
Redby
US $3.07
🥚
Eggs (grade A, large)
Montgomery $2.61
Redby
US $2.50
🥛
Milk (whole)
Montgomery $4.21
Redby
US $4.03
🍞
Bread (white)
Montgomery $1.93
Redby
US $1.85
🍗
Chicken breast
Montgomery $4.33
Redby
US $4.14
Electricity
Montgomery $0.17
Redby
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Montgomery 46.7°F
Redby 37.7°F
Summer High
Montgomery 84°F
Redby 78°F
Winter Low
Montgomery 8°F
Redby -6°F
Rainfall
Montgomery 30.6"
Redby 24.3"
Rainy Days
Montgomery 107d
Redby 117d