Cost of Living: Hastings, NE vs Mankato, MN

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,175/mo in Hastings, NE versus $4,119/mo in Mankato, MN. In the model, rent is about 12.5% of gross in Hastings, NE versus 15.87% in Mankato, MN, so Hastings, NE tends to feel more affordable for rent.

Take-home in Hastings, NE
$4,175/mo
Income level: near
Take-home in Mankato, MN
$4,119/mo
Income level: near
Rent share (1BR) in Hastings, NE
12.5%
COLI tier: mid-range
Rent share (1BR) in Mankato, MN
15.87%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hastings, NE and Mankato, MN.

At a glance

  • Cheaper overall (lower cost-of-living index): Mankato, MN
  • Lower rent (median 1BR/2BR): Hastings, NE
  • Lower home prices: Hastings, NE
  • Higher median household income: Mankato, MN

Cost of Living Index

Hastings, NE: 100 (U.S. = 100) · Mankato, MN: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Hastings, NE: $815/mo (midpoint of 1BR/2BR) · Mankato, MN: $1,035/mo

Median rent in Mankato, MN is $220/mo higher than in Hastings, NE.

Median Home Price

Hastings, NE: $177,200 · Mankato, MN: $250,600

Median home price in Mankato, MN is $73,400 higher than in Hastings, NE.

Median Household Income

Hastings, NE: $61,202 · Mankato, MN: $64,826

Mankato, MN has a higher median household income than Hastings, NE by $3,624.

Hastings, NE overview · Mankato, MN overview · Popular comparisons