Overall
- Mankato
- 91.0
- Elkhart-Goshen
- 90.3
Diff -0.6 RPP
Mankato vs Elkhart-Goshen
Cost of living comparison based on BEA Regional Price Parities. Elkhart-Goshen is 0.7% less expensive than Mankato.
0.7% less expensive
Elkhart-Goshen, IN is 0.7% less expensive than Mankato, MN on BEA Regional Price Parities (overall RPP 90.3 vs 91.0). A $100,000 salary in Mankato buys about the same as $99,307 in Elkhart-Goshen; the largest component gap is rents.
- Overall RPP 91.0 (Mankato) vs 90.3 (Elkhart-Goshen)
- $100k in Mankato ≈ $99,307 purchasing power in Elkhart-Goshen
- Rents drives the gap (-15.6 RPP points)
RPP parity plate
Pair MN:IN 91.0→90.3
PHOTO-FINISH · CROSS-STATE · RENT-LED · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE MN × IN
- RENT-LED Rent-led gap
- BOTH-BELOW Both below 100
- PP-PAR PP near-par
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
Mankato
91.0
Cost Index
Elkhart-Goshen
90.3
Cost Index
What This Comparison Actually Tells You
Mankato, MN and Elkhart-Goshen, IN are a photo finish on overall price level, only 0.6 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Rents leads the difference, with Elkhart-Goshen 15.6 points lower than Mankato. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Mankato corresponds to $99,307 in Elkhart-Goshen.
Category Breakdown
Goods
- Mankato
- 95.4
- Elkhart-Goshen
- 94.3
Diff -1.1 RPP
Services
- Mankato
- 87.0
- Elkhart-Goshen
- 86.4
Diff -0.7 RPP
Rents
- Mankato
- 79.9
- Elkhart-Goshen
- 64.3
Diff -15.6 RPP
| Category | Mankato | Elkhart-Goshen | Difference |
|---|---|---|---|
| Overall | 91.0 | 90.3 | -0.6 |
| Goods | 95.4 | 94.3 | -1.1 |
| Services | 87.0 | 86.4 | -0.7 |
| Rents | 79.9 | 64.3 | -15.6 |
Visual Comparison
Overall
Mankato 91.0
Elkhart-Goshen 90.3
Goods
Mankato 95.4
Elkhart-Goshen 94.3
Services
Mankato 87.0
Elkhart-Goshen 86.4
Rents
Mankato 79.9
Elkhart-Goshen 64.3
Vertical line = national average (100)
Salary Equivalents
What a salary in Mankato would need to be in Elkhart-Goshen for the same purchasing power:
| In Mankato | In Elkhart-Goshen | Difference |
|---|---|---|
| $50,000 | $49,654 | $-346 |
| $75,000 | $74,481 | $-519 |
| $100,000 | $99,307 | $-693 |
| $150,000 | $148,961 | $-1,039 |
$ in Mankato = in Elkhart-Goshen
Same BEA Regional Price Parity ratio as the table above (91.0 → 90.3), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Elkhart-Goshen more expensive than Mankato?
Elkhart-Goshen is 0.7% less expensive than Mankato. The overall cost index is 90.3 vs 91.0 (national average = 100).
What salary in Elkhart-Goshen equals $100K in Mankato?
A $100,000 salary in Mankato has the same purchasing power as $99,307 in Elkhart-Goshen. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Mankato and Elkhart-Goshen?
Rents in Mankato are indexed at 79.9 while Elkhart-Goshen is at 64.3 (national average = 100). Mankato has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.