Hibbing, MN vs Mankato, MN
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.
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