Cost of Living: Mankato, MN vs Columbia, SC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mankato | Columbia |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $253,000 | $207,300 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1550 | $1360 |
Housing Comparison: Mankato vs Columbia
- In Mankato, the median home price is higher at $253,000, while in Columbia it is $207,300.
- Renting a two-bedroom apartment costs more in Mankato at $1,500 than in Columbia at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mankato | Columbia |
|---|---|---|
| Electricity Price | $16.38 | $14.18 |
| Natural Gas Price | $14.87 | $23.51 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Mankato vs Columbia
- Electricity costs are higher in Mankato at $16.38 per kWh, compared to $14.18 in Columbia.
- Columbia experiences higher natural gas costs at $23.51 per unit, with costs at $14.87 in Mankato.
- Utility expenses are equal in both Mankato and Columbia averaging $200.