Is Phoenix, AZ cheaper than Mankato, MN?

Based on cost of living data, Phoenix, AZ is 9.8% more expensive than Mankato, MN. This translates to spending an extra $731 per month.

What salary do I need in Phoenix, AZ to live like I do in Mankato, MN?

If you earn $150,000 in Mankato, MN, you'd need approximately $158,775.55 in Phoenix, AZ to maintain the same standard of living.

How does housing cost compare between Mankato, MN and Phoenix, AZ?

Housing in Phoenix, AZ is 26.8% more expensive than in Mankato, MN. For a two-bedroom apartment, rent is $1,750/month in Phoenix, AZ compared to $955/month in Mankato, MN.

How much can I save per month by moving from Mankato, MN to Phoenix, AZ?

Living in Phoenix, AZ costs approximately $731 more per month than Mankato, MN, or $8776 more per year, based on a $150,000 salary.

Mankato, MN vs Phoenix, AZ: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Mankato, MN — ZIP-level rent data · COL adjusted from Minneapolis, MN area

Current salary in Mankato, MN

Numbers update automatically as you type

You'd spend $731/month more in Phoenix, AZ

$150.0K in your current city equals $158.8K in Phoenix, AZ

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↑ 9.8%

More expensive

Monthly Impact

$731

Extra cost

Annual Impact

$8.8K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Mankato, MN

Population:46K

Cost Index:100

Median Home:$292K

Phoenix, AZ

Population:1608K

Cost Index:110

Median Home:$414K

Mankato, MN

The North Star State

46K

Population

State Tax

Yes

Located in Minnesota, this city has a population of 46K residents.

Phoenix, AZ

The Grand Canyon State

1.6M

Population

State Tax

Yes

Climate

Hot desert

Notable Facts

•Fastest growing major city
•Desert metropolis
•Spring training capital

Major Industries

TechnologyHealthcareTourismManufacturing

Cost Breakdown by Category

Annual spending: Mankato, MN vs Phoenix, AZ

Category	Mankato, MN	Phoenix, AZ	Difference	Change
🏠Housing	$2,199/mo	$2,788/mo	↑ $589more	26.8%
🚗Transportation	$1,201/mo	$1,489/mo	↑ $288more	24.0%
📦Other	$1,545/mo	$1,677/mo	↑ $132more	8.6%
🏥Healthcare	$705/mo	$589/mo	↓ $117less	16.5%
⚡All Utilities	$474/mo	$561/mo	↑ $87.00more	18.3%
🛒Groceries	$960/mo	$963/mo	↑ $2.91more	0.3%

🏠Housing

↑ 26.8%

Mankato, MN

$2,199

Phoenix, AZ

$2,788

Difference

$589

🚗Transportation

↑ 24.0%

Mankato, MN

$1,201

Phoenix, AZ

$1,489

Difference

$288

📦Other

↑ 8.6%

Mankato, MN

$1,545

Phoenix, AZ

$1,677

Difference

$132

🏥Healthcare

↓ 16.5%

Mankato, MN

$705

Phoenix, AZ

$589

Difference

$117

less

⚡All Utilities

↑ 18.3%

Mankato, MN

$474

Phoenix, AZ

$561

Difference

$87.00

🛒Groceries

↑ 0.3%

Mankato, MN

$960

Phoenix, AZ

$963

Difference

$2.91

🏠Rent Comparison

Studio

From$792

To$1,390

↑ $598

1 Bed

From$799

To$1,510

↑ $711

2 Bed

From$955

To$1,750

↑ $795

3 Bed

From$1,325

To$2,330

↑ $1,005

Mankato, MNZIP-level data

1BR range: $1,080–$1,080/mo

Phoenix, AZZIP-level data

1BR range: $1,300–$2,380/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,085

Monthly in Mankato, MN

$8,068

Monthly in Phoenix, AZ

$983

Difference

Home Values

Mankato

Phoenix

$292K

Median Value

$414K

↑ +4.2%

YoY Change

↓ -3.1%

↑ +33.3%

5-Year Change

↑ +30.2%

$292K

Price Range

$274K - $957K

Homes in Phoenix are 42% more expensive than Mankato

Calculate payment - Mankato Calculate payment - Phoenix

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $5.2K

Per year

Monthly Difference

$433

More take-home

Effective Rate Diff

3.5%

Rate difference

Mankato, MN

Federal Income Tax

Effective: 18.9%

$25.5K

Minnesota State Tax

Effective: 7.0%

$10.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.6%

$47.4K

Take-Home Pay

$8,546/month

$102.6K

Phoenix, AZ

Federal Income Tax

Effective: 18.9%

$25.5K

Arizona State Tax

Effective: 3.5%

$5.2K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 28.2%

$42.2K

Take-Home Pay

$8,979/month

$107.8K

Additional Tax Information

Mankato, MN Tax Rates

Sales Tax:8.0%

Property Tax:1.1%

Phoenix, AZ Tax Rates

Sales Tax:8.5%

Property Tax:0.6%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.