What is the cost of living in North Mankato, MN?
According to the most recent data on the cost of living, North Mankato has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Minnesota, North Mankato has a cost of living index that's 1.0x higher than Minnesota's index of 101.
The standard of living in North Mankato ranks as #62 most affordable out of the 151 places we measured in Minnesota. By definition, that implies North Mankato ranks as the #89 most expensive place in the North Star State.
For more reading on life in North Mankato, check out:
North Mankato Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in North Mankato. Here is how it fares on each of the criteria:
The Services index in North Mankato is 99.
The Groceries index in North Mankato is 101.
The Health index in North Mankato is 106.
The Housing index in North Mankato is 98.
The Transportation index in North Mankato is 105.
The Utilities index in North Mankato is 99.
| Living Expense | North Mankato | Minnesota | National Average |
|---|---|---|---|
| Overall | 104 | 101 | 100 |
| Services | 99 | 101 | 100 |
| Groceries | 101 | 99 | 100 |
| Health | 106 | 99 | 100 |
| Housing | 98 | 101 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 99 | 101 | 100 |
North Mankato Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in North Mankato Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
North Mankato, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in North Mankato is $310,328.
The Median Rent in North Mankato is $973.
The Median Income in North Mankato is $80,791.
The Home Value To Income in North Mankato is 3.8x.
The Rent To Monthly Income in North Mankato is 0.14x.
| Statistic | North Mankato | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $310,328 | $346,667 | $332,700 |
| Median Rent | $973 | $1,280 | $1,413 |
| Median Income | $80,791 | $89,062 | $80,734 |
| Home Value To Income | 3.8x | 3.9x | 4.1x |
| Rent To Monthly Income | 0.14x | 0.17x | 0.21x |
North Mankato, MN Costs By Category
Detailed North Mankato Services costs vs. Minnesota
| Item | North Mankato | Minnesota |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $10.06 | $12.13 |
| Bowling | $15.0 | $18 |
| Haircut | $25.06 | $24.26 |
| Beauty Salon | $40.42 | $45.56 |
Detailed North Mankato Groceries costs vs. Minnesota
| Item | North Mankato | Minnesota |
|---|---|---|
| Ground Beef | $5.78 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $4.68 | $4.93 |
| Pizza | $12.97 | $12.09 |
| Beer | $9.18 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
Detailed North Mankato Health costs vs. Minnesota
| Item | North Mankato | Minnesota |
|---|---|---|
| Optometrist | $144.1 | $125.68 |
| Doctor | $181.22 | $135.78 |
| Dentist | $110.22 | $113.29 |
Detailed North Mankato Transportation costs vs. Minnesota
| Item | North Mankato | Minnesota |
|---|---|---|
| Gasoline | $3.31 | $3.46 |
| Tire Balancing | $54.83 | $59.92 |
Detailed North Mankato Utilities costs vs. Minnesota
| Item | North Mankato | Minnesota |
|---|---|---|
| All Electricity | $169.27 | $193.99 |
| Phone | $191.1 | $192.25 |
North Mankato SnackAbility
Cost Of Living In Cities Around North Mankato
The cost of living varies in the cities and towns around North Mankato. Here's a quick look at the cost of living in the most populous nearby places:
Shakopee, MN has a cost of living index of 114, 1.1x North Mankato.
Mankato, MN has a cost of living index of 99, 1.0x North Mankato.
Chaska, MN has a cost of living index of 114, 1.1x North Mankato.
| City | Population | Cost Of Living | Vs. North Mankato |
|---|---|---|---|
| Shakopee, MN | 46,012 | 114 | 1.1x |
| Mankato, MN | 45,473 | 99 | 1.0x |
| Chaska, MN | 28,706 | 114 | 1.1x |
| Prior Lake, MN | 28,016 | 120 | 1.2x |
| Owatonna, MN | 26,498 | 98 | 0.9x |
| Northfield, MN | 20,742 | 103 | 1.0x |
| Waconia, MN | 13,434 | 114 | 1.1x |
| St. Peter, MN | 12,185 | 97 | 0.9x |
| New Prague, MN | 8,237 | 109 | 1.0x |
| Belle Plaine, MN | 7,423 | 102 | 1.0x |
