Mankato, MN
Discover how far your salary goes in Mankato. Compare taxes, rent, and living costs.
44,488
9.8%
$1,463
/month
+5%
above avg
How far would your salary go in Mankato?
Enter your income to get a personalized breakdown vs 50+ cities
Rent Prices in Mankato
Studio
$1,170
/month
$14,040/year
1 Bedroom
$1,463
/month
$17,556/year
2 Bedroom
$1,975
/month
$23,700/year
3 Bedroom
$2,560
/month
$30,720/year
Taxes in Minnesota
State Income Tax
Minnesota
For a $100k salary, that's ~$9,850/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Mankato, MN?▼
Mankato has a cost of living index of 125, which is 25% above the national average. A 1-bedroom apartment costs around $1,463/month.
What is the state income tax in Minnesota?▼
Minnesota has a state income tax rate of approximately 9.8%. This is in addition to federal income tax.
How much is rent in Mankato?▼
The median rent for a 1-bedroom apartment in Mankato is $1,463/month. For a 2-bedroom, expect to pay around $1,975/month. This is 5% above the national average.
Is Mankato a good place to live?▼
Mankato is a town with a population of 44,488. The cost of living is above average, making it more expensive than average for the US.
See the complete picture for Mankato
Our free calculator shows your exact take-home pay, tax breakdown, and how Mankato compares to 50+ other cities.
Calculate My SalaryFree • No signup • 10 seconds