Cost of Living: Mankato, MN vs Chicago, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Mankato, MN versus $4,227/mo in Chicago, IL. In the model, rent is about 15.87% of gross in Mankato, MN versus 20.28% in Chicago, IL, so Mankato, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Mankato, MN and Chicago, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Chicago, IL
- Lower rent (median 1BR/2BR): Mankato, MN
- Lower home prices: Chicago, IL
- Higher median household income: Mankato, MN
Cost of Living Index
Mankato, MN: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)
Chicago, IL has a lower cost-of-living index than Mankato, MN, so a given salary generally stretches further there.
Median Rent
Mankato, MN: $1,035/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo
Median rent in Chicago, IL is $288/mo higher than in Mankato, MN.
Median Home Price
Mankato, MN: $250,600 · Chicago, IL: $147,800
Median home price in Mankato, MN is $102,800 higher than in Chicago, IL.
Median Household Income
Mankato, MN: $64,826 · Chicago, IL: $56,815
Mankato, MN has a higher median household income than Chicago, IL by $8,011.
Mankato, MN overview · Chicago, IL overview · Popular comparisons