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Mankato vs Lakeville

Cost of living, salaries, climate and quality of life compared side by side.

Minnesota, USA
View Mankato profile
#110 in USA
67
Overall Score
VS
Minnesota, USA
View Lakeville profile
#66 in USA
70
Overall Score
Lakeville scores higher overall

Score Breakdown

Mankato
Lakeville
Livability
77
83
Affordability
72
70
Business
70
76
Growth
71
80

Cost of Living

Mankato is the more affordable option overall — monthly living expenses run about 40% lower than in Lakeville. Housing costs are a major driver: Mankato's average rent is 52% lower than Lakeville's.
MetricMankatoLakevilleDiff
Average Rent
$1,150$2,405-52%
Groceries
$380$420-10%
Utilities
$170$185-8%
Transport
$110$125-12%
Healthcare
$230$240-4%
Monthly Total
$2,040$3,375-40%
Cost Index
91108out of 100

Salary & Income

Lakeville offers 21% lower average salaries. However, when adjusted for local cost of living, Lakeville delivers stronger purchasing power — meaning your dollar stretches further day-to-day. The minimum comfortable salary in Mankato is estimated at $48,000 vs $62,000 in Lakeville.
MetricMankatoLakeville
Average Salary
$62,000$78,000
Salary Needed
$48,000$62,000
Purchasing Power
68,132 idx72,222 idx
Household Income
$65,400$139,041

Climate Comparison

Both cities share a similar average temperature, within 1.5°F of each other. Winter severity differs too — Lakeville sees 7.8 more inches of snowfall annually.
MetricMankatoLakeville
Avg Temp
48.10°F46.60°F
Summer High
79.60°F78.50°F
Winter Low
9.30°F7.60°F
Rainfall
38.60 in42.70 in
Snowfall
25.10 in32.90 in
Sunny Days
258257
Humidity
68.00%65.00%

Commute & Transport

Mankato has the shorter commute — saving residents roughly 3,500 minutes (58 hours) per year compared to Lakeville. For walkability, Mankato leads — a better score here means more amenities reachable on foot.
MetricMankatoLakeville
Commute Time
17 min24 min
Transit Score
42.0/10042.0/100
Walkability
58.0/10048.0/100
Traffic Index
35.0052.00
Car Dependency
HighHigh

Economy & Demographics

Lakeville is the larger city — approximately 0.6x the population of Mankato. From a growth perspective, Lakeville is expanding faster, signaling stronger demand for housing, jobs, and services. On the employment side, Mankato has a lower unemployment rate, reflecting a tighter and more competitive job market.
MetricMankatoLakeville
Population
44,48879,270
Pop. Growth
1.10%2.10%
Median Age
30.536.8
Unemployment
3.20%4.10%
GDP
——

Pros & Cons

Mankato
Advantages
Median home prices in Mankato remain well below the national average per 2024 Zillow data.
Mayo Clinic Health System provides top-tier regional healthcare and major employment opportunities.
Minnesota State University, Mankato infuses the city with cultural events, sports, and a youthful energy.
Extensive outdoor recreation network featuring Riverfront Park and miles of paved biking trails.
Consistently lower unemployment rate compared to the national average per Bureau of Labor Statistics data.
Drawbacks
Winters are long and harsh, with significant snowfall and freezing temperatures.
Public transit options are limited outside of core bus routes and the immediate university area.
Rental vacancy rates can tighten significantly during the academic fall semester startup.
Limited direct access to commercial air travel, requiring a trip to Minneapolis-St. Paul International Airport.
Higher than average state income taxes typical of Minnesota apply to local earners.
Lakeville
Advantages
Median household income in Lakeville reaches approximately $139,041 per year per U.S. Census Bureau data.
The city boasts an exceptional safety profile with crime rates significantly below the national average.
Lakeville Area Schools (ISD 194) provide top-tier educational opportunities and high student achievement.
Abundant natural amenities include multiple lakes and over 60 parks with extensive recreational trails.
Strong local job growth and low unemployment rates support a stable and thriving local economy.
Drawbacks
Cost of living and home purchase prices exceed the national average, creating affordability hurdles.
High car dependency means limited public transit options for daily non-driving commuters.
Rental housing markets are competitive, with rising average rents across multi-family properties.
Winters feature prolonged sub-freezing temperatures and heavy seasonal snowfall management requirements.
Traffic congestion can peak during traditional rush hours along major thoroughfares like Interstate 35.

Dive Deeper

Key figures side by side — see which city wins each category at a glance.

Mankato
#110
Minnesota, USA
66.9 / 100 overall
Avg Rent
$1,150
Avg Salary
$62,000
Cost Index
91
Commute
17 min
Transit Score
42.0/100
Walkability
58.0/100
Sunny Days
258/yr
Avg Temp
48.10°F
Pop. Growth
1.10%
Unemployment
3.20%
Livability
77
Business
70
View Full Profile
Lakeville
#66
Minnesota, USA
69.7 / 100 overall
Avg Rent
$2,405
Avg Salary
$78,000
Cost Index
108
Commute
24 min
Transit Score
42.0/100
Walkability
48.0/100
Sunny Days
257/yr
Avg Temp
46.60°F
Pop. Growth
2.10%
Unemployment
4.10%
Livability
83
Business
76
View Full Profile

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