Cost of Living: Denver, CO vs Mankato, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denver | Mankato |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $631,000 | $253,000 |
| Average Rent (2 BR Apartment) | $2400 | $1500 |
| Average Rent (2 BR House) | $2480 | $1550 |
Housing Comparison: Denver vs Mankato
- In Denver, the median home price is higher at $631,000, while in Mankato it is $253,000.
- Renting a two-bedroom apartment costs more in Denver at $2,400 than in Mankato at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denver | Mankato |
|---|---|---|
| Electricity Price | $15.21 | $16.38 |
| Natural Gas Price | $11.3 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Denver vs Mankato
- Mankato has higher electricity costs at $16.38 per kWh, versus $15.21 in Denver.
- Mankato experiences higher natural gas costs at $14.87 per unit, with costs at $11.3 in Denver.
- Other utility costs are higher in Denver at an average of $250, compared to Mankato with $200.