Home / Compare / Hibbing vs Mankato

Hibbing, MN vs Mankato, MN

63
Hibbing
Minnesota
VS
-25.1%
84
Mankato
Minnesota

There is a significant gap in the cost of living between these two cities. Hibbing is 25.1% cheaper than Mankato. With a cost index of 63 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hibbing to Mankato should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hibbing is $739/month compared to $1,089/month in Mankato — a 32% difference. Home values follow the same pattern: Hibbing is more affordable at $123,900 median vs $250,600.

Median household income in Hibbing is $55,463 compared to $64,826 in Mankato (-14.4%). The higher salaries in Mankato partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hibbing spend roughly 16% of their income on rent, less than the 20.2% in Mankato.

Climate-wise, Mankato is notably warmer with an average of 46.7°F compared to 36.9°F in Hibbing. Mankato receives more rainfall at 30.6" per year compared to 24.8" in Hibbing.

Income & Cost

Cost of Living Index
Hibbing
63
25% cheaper
Mankato
84
Median Household Income
Hibbing
$55,463
Mankato
$64,826
14% higher

Housing

Median Rent
Hibbing
$739
32% cheaper
Mankato
$1,089
Median Home Value
Hibbing
$123,900
51% cheaper
Mankato
$250,600
Population
Hibbing
16,100
Mankato
44,882

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

$
Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hibbing $2.97
Mankato $2.97
US $3.07
🥚
Eggs (grade A, large)
Hibbing $2.42
Mankato $2.43
US $2.50
🥛
Milk (whole)
Hibbing $3.90
Mankato $3.91
US $4.03
🍞
Bread (white)
Hibbing $1.79
Mankato $1.79
US $1.85
🍗
Chicken breast
Hibbing $4.01
Mankato $4.02
US $4.14
Electricity
Hibbing $0.17
Mankato $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hibbing 36.9°F
Mankato 46.7°F
Summer High
Hibbing 77°F
Mankato 84°F
Winter Low
Hibbing -4°F
Mankato 8°F
Rainfall
Hibbing 24.8"
Mankato 30.6"
Rainy Days
Hibbing 113d
Mankato 107d