Cost of Living: Lawrence, KS vs Mankato, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lawrence | Mankato |
|---|---|---|
| Housing Index | 95.0 | 90.0 |
| Median Home Price | $248,000 | $253,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1360 | $1550 |
Housing Comparison: Lawrence vs Mankato
- The median home price in Mankato is higher at $253,000, compared to $248,000 in Lawrence.
- In Mankato, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Lawrence.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lawrence | Mankato |
|---|---|---|
| Electricity Price | $14.22 | $16.38 |
| Natural Gas Price | $Data is updating | $14.87 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Lawrence vs Mankato
- Mankato has higher electricity costs at $16.38 per kWh, versus $14.22 in Lawrence.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lawrence and Mankato averaging $200.