Cost of Living: Gooding, ID vs Mankato, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Gooding | Mankato |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $303,000 | $253,000 |
| Average Rent (2 BR Apartment) | $800 | $1500 |
| Average Rent (2 BR House) | $850 | $1550 |
Housing Comparison: Gooding vs Mankato
- In Gooding, the median home price is higher at $303,000, while in Mankato it is $253,000.
- Renting a two-bedroom apartment costs more in Gooding at $800 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 | Gooding | Mankato |
|---|---|---|
| Electricity Price | $12.28 | $16.38 |
| Natural Gas Price | $9.87 | $14.87 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Gooding vs Mankato
- Mankato has higher electricity costs at $16.38 per kWh, versus $12.28 in Gooding.
- Natural gas is more expensive in Gooding at $9.87 per unit, while it is cheaper at $14.87 in Mankato.
- Utility expenses are equal in both Gooding and Mankato averaging $200.