Cost of Living: Madrid, NE vs Mankato, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Madrid | Mankato |
|---|---|---|
| Housing Index | Data is updating | 90.0 |
| Median Home Price | $128,000 | $253,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1500 |
| Average Rent (2 BR House) | $Data is updating | $1550 |
Housing Comparison: Madrid vs Mankato
- The median home price in Mankato is higher at $253,000, compared to $128,000 in Madrid.
- The rent for a two-bedroom apartment is equal in both Madrid and Mankato at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Madrid | Mankato |
|---|---|---|
| Electricity Price | $12.92 | $16.38 |
| Natural Gas Price | $13.89 | $14.87 |
| Other Utilities | $Data is updating | $200 |
Utilities Comparison: Madrid vs Mankato
- Mankato has higher electricity costs at $16.38 per kWh, versus $12.92 in Madrid.
- Mankato experiences higher natural gas costs at $14.87 per unit, with costs at $13.89 in Madrid.
- Utility expenses are equal in both Madrid and Mankato averaging $0.0.