Housing costs in Mankato?
A typical home costs
$266,400, which is 21.2% less expensive than the national average of
$338,100 and 13.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mankato costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,240.
Can I afford Mankato?
To live comfortably in Mankato Minnes Metro Area, Minnesota, a minimum annual income of
$51,120 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Mankato?
Life in Mankato-North Mankato, MN Metro Area is more affordable than the national average. The median value of a house in this area is $266,400 compared to the US average of $338,100. Additionally, the cost of living here is 87 compared to the US average of 100. These lower costs reflect in all areas of life from housing and utilities to groceries and other necessities. By living in Mankato-North Mankato, MN Metro Area you can save money without sacrificing quality or comfort.