Cost of Living: Mankato, MN vs Newport, RI
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 $4,167/mo in Newport, RI. In the model, rent is about 15.87% of gross in Mankato, MN versus 23.49% in Newport, RI, so Mankato, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Mankato, MN and Newport, RI.
At a glance
- Cheaper overall (lower cost-of-living index): Newport, RI
- Lower rent (median 1BR/2BR): Mankato, MN
- Lower home prices: Mankato, MN
- Higher median household income: Newport, RI
Cost of Living Index
Mankato, MN: 100 (U.S. = 100) · Newport, RI: 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) · Newport, RI: $1,532/mo
Median rent in Newport, RI is $497/mo higher than in Mankato, MN.
Median Home Price
Mankato, MN: $250,600 · Newport, RI: $669,500
Median home price in Newport, RI is $418,900 higher than in Mankato, MN.
Median Household Income
Mankato, MN: $64,826 · Newport, RI: $83,562
Newport, RI has a higher median household income than Mankato, MN by $18,736.
Mankato, MN overview · Newport, RI overview · Popular comparisons