Cost of living in Mankato, Minnesota
Mankato, Minnesota has about 45,473 people. Typical rent is $1,132 a month, including utilities, and a typical household earns $66,873 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.
Ranked #33 in Minnesota on the 2026 Most Affordable Towns Index.
Simple answer
Typical rent is $1,132 a month.
Mankato is a city in Minnesota. That rent number includes utilities. A typical household earns $66,873 a year.
- People
- 45,473
- Census average, 2020–2024
- Typical rent
- $1,132
- Median gross rent, includes utilities
- Typical pay
- $66,873
- Median household income, yearly
- Typical home
- $261,700
- Median home value
- 2-bedroom fair rent
- $1,230
- Mankato, MN MSA
- Gas
- $4.257
- Minnesota, week of October 12, 2026
Mankato, Minnesota has about 45,473 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $261,700.
HUD's fair-market rent for a 2-bedroom in Blue Earth County is $1,230 a month. That is the county number, not an apartment listing in Mankato. It runs from October 2026 through September 2027.
In the Mankato, MN metro area, prices sit at 91.0 when the U.S. average is 100. That is a 2024 BEA index.
Minnesota taxes wages. A typical combined sales tax is 8.1% as of January 1, 2026. That mix is statewide, not Mankato's exact store tax.
In July 2026, a typical Minnesota home paid 17.45¢ per kilowatt-hour. That is a state average from EIA, not Mankato's bill.
For the week of October 12, 2026, EIA's all-grades gasoline price in Minnesota was $4.257 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $2,043.36 a year. Those miles are our standard, not a Census figure, and every town in Minnesota shares this price.
Among 338 places we list in Minnesota with a rent figure, 139 have higher typical rent than Mankato.
Nearby places
- North Mankato
Typical rent $973
Compare with Mankato - Eagle Lake
Typical rent $1,403
Compare with Mankato - Madison Lake
Typical rent $596
Compare with Mankato - St. Peter
Typical rent $961
Compare with Mankato - Lake Crystal
Typical rent $825
Compare with Mankato - Janesville
Typical rent $873
Compare with Mankato - Mapleton
Typical rent $782
Compare with Mankato - Le Center
Typical rent $889
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Minnesota
Bigger places in Minnesota
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.