Cost of Living in Mankato, KS

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

71.6

100 = national avg

-28.4 vs national average

Living Wage (1 Adult)

$31,518

per year

Living Wage (Family of 4)

$74,496

per year

Cost Index by Category

Housing
49.4
Food
89.2
Transportation
78.3
Healthcare
91.3
Utilities
83.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$712

per month

2 Bedroom

$877

per month

The overall cost of living index in Mankato is 71.6, which is 28.4% below the national average. Housing costs are below the national average at an index of 49.4. A single adult needs to earn approximately $31,518 per year to cover basic expenses.