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Mankato, MN

Cost of living in Nicollet County, MN

Part of the Mankato Metro Area

Estimated monthly cost
$2,990/mo
for a single person, all categories combined

Population 34,350 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $969 32%
Federal tax $515 17%
Healthcare $480 16%
Groceries $340 11%
Transport $250 8%
State tax $199 7%
Energy $187 6%
Water $50 2%

Rent in Nicollet County

Fair Market Rents by bedroom count.

Studio
$963
per month
1 bedroom
$969
per month
2 bedroom
$1,174
per month
3 bedroom
$1,645
per month
4 bedroom
$1,971
per month

Source: HUD FMR FY2025

Income and earnings in Nicollet County

Annual earnings figures from the Census ACS.

Household income
$80,362
per year
Individual earnings
$41,525
per year
Per capita
$43,268
per year

Source: ACS 2019-2023 5-Year.

Home values in Nicollet County

Average values reported by homeowners.

Average home value
$258,500
Annual property tax
$2,888

Source: ACS 2019-2023 5-Year

Energy costs in Nicollet County

Estimated monthly electricity and gas costs.

Electricity
$124
per month · 15.5¢/kWh
Natural gas
$63
per month
Annual total
$2,244
per year

Source: EIA

Healthcare in Nicollet County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
3.7%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Nicollet County

State and local tax rates for Minnesota.

State income tax
9.8%
Top marginal rate
State sales tax
6.9%
Combined sales tax
7.5%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Nicollet County

Commute patterns and estimated costs.

Average commute
16.5 min
Drive alone
69.9%
Public transit
0.3%
Work from home
14.0%

Source: ACS

Monthly cost estimates for Nicollet County

What it costs to live in Nicollet County each month.

Single person
$2,990
per month
  • Rent $969
  • Energy $187
  • Water $50
  • Groceries $340
  • Transport $250
  • Healthcare $480
  • Federal tax $515
  • State tax $199
Couple
$4,639
per month
  • Rent $1,174
  • Energy $224
  • Water $60
  • Groceries $563
  • Transport $350
  • Healthcare $864
  • Federal tax $985
  • State tax $419
Family
$7,254
per month
  • Rent $1,645
  • Energy $280
  • Water $70
  • Groceries $855
  • Transport $450
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $985
  • State tax $419

Frequently asked questions about Nicollet County

Common questions about cost of living, rent and salary.

What is the average rent in Nicollet County?

In Nicollet County, MN, a one-bedroom apartment averages $969 per month, a two-bedroom averages $1,174 per month, a three-bedroom averages $1,645 per month, according to HUD Fair Market Rent data.

What is the average salary in Nicollet County?

In Nicollet County, MN, the average household income is $80,362 per year and individual earnings for full-time workers average $41,525 per year, according to U.S. Census Bureau data.

What is the cost of living in Nicollet County?

The estimated cost of living in Nicollet County, MN is approximately $2,990 per month for a single person, $4,639 for a couple, $7,254 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Nicollet County?

The combined sales tax rate in Nicollet County, MN is 7.54%, which includes the Minnesota state rate of 6.88% plus an average local rate of 0.66%.

Is Nicollet County an affordable place to live?

Based on the data, a single person in Nicollet County, MN would need approximately $2,990 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $80,362 per year ($6,697 per month). Nicollet County is relatively affordable compared to the national average.

How much does healthcare cost in Nicollet County?

The ACA marketplace benchmark premium in Nicollet County, MN is approximately $480 per month for an individual. Approximately 3.7% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Nicollet County?

The average home value in Nicollet County, MN is $258,500, with average annual property taxes of $2,888, according to U.S. Census Bureau data.

How does Nicollet County compare to other areas?

You can compare Nicollet County, MN with any other US county using our comparison tool at /compare. Nicollet County is in the Mankato, MN metro area.

Other counties in Minnesota

Browse the full list of counties in Minnesota, ranked by cost of living.

See all counties in Minnesota

Compare Nicollet County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources