Cost of Living in Mankato, MN
2024 data from the Bureau of Economic Analysis
Cost Index
91.0
9.0% below avg
Housing Index
79.9
Median Income
$73,472
Median Rent
$978/mo
Cost Breakdown
Overall91.0 (-9.0%)
Housing79.9 (-20.1%)
Goods95.4 (-4.6%)
Utilities87.0 (-13.0%)
Other Services92.2 (-7.8%)
National average = 100
Income & Housing
Median Household Income
$73,472/year
Median Home Value
$239,800
Median Monthly Rent
$978/mo
Per Capita Income
$37,335/year
Compare Mankato, MN With
Frequently Asked Questions
Is Mankato, MN expensive to live in?
Mankato, MN has a cost of living index of 91.0, which is 9.0% below the national average.
How much does housing cost in Mankato, MN?
Housing costs in Mankato, MN are indexed at 79.9 compared to the national average of 100. The median monthly rent is $978.
What is the average income in Mankato, MN?
The median household income in Mankato, MN is $73,472 per year.
What is the average home price in Mankato, MN?
The median home value in Mankato, MN is $239,800.