Cost of Living: Mankato, MN vs Minneapolis, MN
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 $4,119/mo in Minneapolis, MN. In the model, rent is about 15.87% of gross in Mankato, MN versus 24.87% in Minneapolis, MN, so Mankato, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Mankato, MN and Minneapolis, MN.
At a glance
- Cheaper overall (lower cost-of-living index): Minneapolis, MN
- Lower rent (median 1BR/2BR): Mankato, MN
- Lower home prices: Mankato, MN
- Higher median household income: Minneapolis, MN
Cost of Living Index
Mankato, MN: 100 (U.S. = 100) · Minneapolis, MN: 98.2 (U.S. = 100)
Minneapolis, MN 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) · Minneapolis, MN: $1,622/mo
Median rent in Minneapolis, MN is $587/mo higher than in Mankato, MN.
Median Home Price
Mankato, MN: $250,600 · Minneapolis, MN: $327,500
Median home price in Minneapolis, MN is $76,900 higher than in Mankato, MN.
Median Household Income
Mankato, MN: $64,826 · Minneapolis, MN: $103,382
Minneapolis, MN has a higher median household income than Mankato, MN by $38,556.
Mankato, MN overview · Minneapolis, MN overview · Popular comparisons