Cost of Living: Mankato, MN vs Merrillville, IN

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 $4,332/mo in Merrillville, IN. In the model, rent is about 15.87% of gross in Mankato, MN versus 18.99% in Merrillville, IN, so Mankato, MN tends to feel more affordable for rent.

Take-home in Mankato, MN
$4,119/mo
Income level: near
Take-home in Merrillville, IN
$4,332/mo
Income level: near
Rent share (1BR) in Mankato, MN
15.87%
COLI tier: mid-range
Rent share (1BR) in Merrillville, IN
18.99%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Mankato, MN and Merrillville, IN.

At a glance

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

Cost of Living Index

Mankato, MN: 100 (U.S. = 100) · Merrillville, IN: 100 (U.S. = 100)

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

Median Rent

Mankato, MN: $1,035/mo (midpoint of 1BR/2BR) · Merrillville, IN: $1,239/mo

Median rent in Merrillville, IN is $204/mo higher than in Mankato, MN.

Median Home Price

Mankato, MN: $250,600 · Merrillville, IN: $194,000

Median home price in Mankato, MN is $56,600 higher than in Merrillville, IN.

Median Household Income

Mankato, MN: $64,826 · Merrillville, IN: $64,791

Mankato, MN has a higher median household income than Merrillville, IN by $35.

Mankato, MN overview · Merrillville, IN overview · Popular comparisons