Montevideo, MN vs North Mankato, MN

Montevideo is moderately more affordable than North Mankato, with a 11.5% lower cost of living index. Montevideo scores 70 compared to 79 for North Mankato, where the US average is 100. This difference means residents of North Mankato can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Montevideo is $832/month compared to $918/month in North Mankato — a 9% difference. Home values follow the same pattern: Montevideo is more affordable at $137,600 median vs $252,700.

Median household income in Montevideo is $65,724 compared to $77,571 in North Mankato (-15.3%). While North Mankato is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montevideo spend roughly 15.2% of their income on rent, more than the 14.2% in North Mankato.

Climate-wise, both cities share similar average temperatures (45.4°F vs 46.7°F). North Mankato receives more rainfall at 30.6" per year compared to 28" in Montevideo.