Housing costs in North Mankato?
A typical home costs
$280,500, which is 17.0% less expensive than the national average of
$338,100 and 9.4% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in North Mankato costs
$980 per month, which is 21.0% cheaper than the national average of
$1,240 and 8.2% cheaper than the state average of
$1,060.
Can I afford North Mankato?
To live comfortably in North Mankato (zip 56003), Minnesota, a minimum annual income of
$53,640 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about North Mankato?
The cost of living in 56003 North Mankato, MN is relatively low compared to other areas in the United States. The median home price is around $155,000 and the average rental rate for a one-bedroom apartment is just over $700 per month. Groceries, healthcare costs, and utilities are also quite affordable. Additionally, local businesses offer discounts and promotions throughout the year. Overall, 56003 North Mankato offers an attractive mix of affordability and quality of life with its ample amenities and close proximity to larger cities like Minneapolis and St. Paul.