Question 1

What is the cost of living in Mankato, MN?

Accepted Answer

Mankato, MN's overall price level (BEA Regional Price Parity) is 90.95, where 100 equals the U.S. average. That means everyday goods, services, and housing cost about 9% less than the national average. HUD's Fair Market Rent for a 2-bedroom is $1,171/month.

Question 2

What is the average salary in Mankato, MN?

Accepted Answer

Across the 100 BLS-tracked occupation categories with published data in Mankato, MN, the average median wage is $100,826. The single highest-paying occupation here is Physicians, All Other at $421,630/year (BLS OEWS).

Question 3

What are the highest-paying jobs in Mankato?

Accepted Answer

Based on BLS OEWS data, the top-paying occupations in Mankato, MN are: 1) Physicians, All Other at $421,630; 2) Family Medicine Physicians at $314,060; 3) Dentists, General at $207,000; 4) Chief Executives at $171,460; 5) Architectural and Engineering Managers at $158,750. Click any occupation above to see the full wage breakdown (10th to 90th percentile).

Question 4

How much does it cost to rent a 2-bedroom apartment in Mankato?

Accepted Answer

The U.S. Department of Housing and Urban Development's Fair Market Rent (FMR) for a 2-bedroom unit in Mankato, MN is $1,171/month. FMR is the rent level HUD uses to administer housing assistance and reflects the 40th percentile of standard-quality rentals, updated annually.

Question 5

Where does AffordMap's Mankato data come from?

Accepted Answer

Salary figures come from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. Cost of living comes from the Bureau of Economic Analysis Regional Price Parities (RPP). Rent comes from HUD Fair Market Rents. All three are federal datasets, updated annually, and free to use. AffordMap pairs them so you can see what a salary actually buys after local costs.

Rank	Occupation	Category	Median salary	Hourly
61	Project Management Specialists	Business & Finance	$81K	$38.93/hr
62	Communications Teachers, Postsecondary	Education	$81K	N/A
63	Computer Occupations, All Other	Technology	$80K	$38.64/hr
64	Securities, Commodities, and Financial Services Sales Agents	Sales	$80K	$38.61/hr
65	Social Work Teachers, Postsecondary	Education	$80K	N/A
66	Librarians and Media Collections Specialists	Education	$79K	$38.18/hr
67	Psychology Teachers, Postsecondary	Education	$79K	N/A
68	Nursing Instructors and Teachers, Postsecondary	Education	$79K	N/A
69	Education Administrators, All Other	Management	$79K	$37.89/hr
70	Healthcare Social Workers	Community & Social	$79K	$37.89/hr

Top Paying Jobs in Mankato, MN

Highest paying careers in Mankato

Affordability snapshot: Mankato