Housing costs in Mankato?
A typical home costs
$82,900, which is 75.5% less expensive than the national average of
$338,100 and 57.3% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Mankato costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 38.6% cheaper than the state average of
$970.
Can I afford Mankato?
To live comfortably in Mankato, Kansas, a minimum annual income of
$15,840 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Mankato?
The cost of living in Mankato, KS is quite low compared to larger cities in the United States. The median home price is approximately $49,000, which is lower than the national average. Additionally, basic necessities such as food and utilities cost significantly less than what they would in bigger cities. In fact, Mankato’s overall cost of living index is around 79, which is 21 points lower than the national average. This means that those looking for an affordable place to live with plenty of job opportunities should certainly consider moving to Mankato.