Amboy, MN Cost of Living


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Amboy cost of living score
86.7
Less expensive
13.3% lower
than the US average
10.8% lower
than the Minnesota average
Amboy, Minnesota gets a BestPlaces Cost of Living score of 86.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.3% lower than the U.S. average and 10.8% higher than the average for Minnesota.

Amboy, MN

Housing costs in Amboy?
A typical home costs $208,900, which is 38.2% less expensive than the national average of $338,100 and 32.5% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Amboy costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 36.3% cheaper than the state average of $1,240.

Can I afford Amboy?
To live comfortably in Amboy, Minnesota, a minimum annual income of $39,960 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Amboy?
The cost of living in Amboy, MN is fairly reasonable. Groceries and basic necessities are quite affordable, and the local housing market is relatively inexpensive. The median home value is just over $125,000 and the median rent for a two-bedroom apartment is around $850 per month. The town also has a low sales tax rate of 6.875%, making it a great place to buy goods and services. Overall, Amboy's cost of living provides plenty of value for its residents.
   Cost of living score
     CategoriesAmboyMinnesotaUnited States
  86.797.2100.0
  94.997.2100
  87.578.3100.0
  55.1102.9100.0
  $208,900$309,500$338,100
  98.6%95.7%100.0%
  71.596.4100.0
  100.0117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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