Here's what it costs to live in Mankato, Minnesota, based on the latest US government data. Renters pay a median of $1,132 per month, while the typical home is valued around $261,700. Households earn a median of $66,873 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$66,873
Annual · Census ACS
Median Gross Rent
$1,132
Per month · Census ACS
Median Home Value
$261,700
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$971
HUD Fair Market Rent
1BR Fair Market Rent
$977
HUD FMR
2BR Fair Market Rent
$1,171
HUD FMR
3BR Fair Market Rent
$1,629
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
45,473
Latest estimate
Median Age
26.5 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,055
Per month
Avg Home Value
$273,550
Census ACS
Healthcare Score
32.5
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
95.4%
What is the cost of living index for Mankato?
The cost of living index for Mankato is not yet available in our database.
What is the median rent in Mankato?
The median gross rent in Mankato is $1,132 per month according to US Census ACS data.
What is the median household income in Mankato?
The median household income in Mankato is $66,873 per year.
What is the median home value in Mankato?
The median home value in Mankato is $261,700 based on the latest Census ACS survey.
How is the air quality in Mankato?
Air quality data for Mankato is not yet available.
What are the taxes like in Mankato?
Tax data for Minnesota is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
