CostByCity

Fairbanks, AK vs Mankato, MN

Cost of Living Comparison

Mankato, MN is more affordable by 12.3 index points

Side-by-Side Comparison

CategoryFairbanks, AKMankato, MNDifference
Overall103.291.0+12.3
Housing92.679.9+12.7
Goods107.395.4+11.9
Utilities119.887.0+32.7
Other Services103.392.2+11.1

Income & Housing Comparison

MetricFairbanks, AKMankato, MN
Median Household Income$81,655$73,472
Median Home Value$276,800$239,800
Median Monthly Rent$1,360$978
Per Capita Income$42,744$37,335

Frequently Asked Questions

Is Fairbanks, AK or Mankato, MN cheaper to live in?
Mankato, MN is more affordable. The cost of living difference is 12.3 index points (Fairbanks, AK: 103.2, Mankato, MN: 91.0).
Where is housing cheaper, Fairbanks, AK or Mankato, MN?
Housing is more affordable in Mankato, MN. Housing index: Fairbanks, AK (92.6) vs Mankato, MN (79.9).