Cost of Living: Mankato, MN vs Addison, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Mankato Addison
Housing Index 90.0 Data is updating
Median Home Price $253,000 $199,000
Average Rent (2 BR Apartment) $1500 $Data is updating
Average Rent (2 BR House) $1550 $Data is updating

Housing Comparison: Mankato vs Addison

  • In Mankato, the median home price is higher at $253,000, while in Addison it is $199,000.
  • The rent for a two-bedroom apartment is equal in both Mankato and Addison 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 Mankato Addison
Electricity Price $16.38 $15.03
Natural Gas Price $14.87 $21.76
Other Utilities $200 $Data is updating

Utilities Comparison: Mankato vs Addison

  • Electricity costs are higher in Mankato at $16.38 per kWh, compared to $15.03 in Addison.
  • Addison experiences higher natural gas costs at $21.76 per unit, with costs at $14.87 in Mankato.
  • Utility expenses are equal in both Mankato and Addison averaging $200.