Assisted Living Communities in Mankato, Minnesota

Mankato's median fee of $3,135 is the lowest in Minnesota, saving residents $1,373 per month when compared to the state average and $1,365 when compared to the country's norm. St. Cloud's median fee comes closest to Mankato's, but it's still $965 per month more, and Rochester's is an additional $80 on top of that. Duluth's typical senior pays another $1,865 every month for assisted living when compared to Mankato, which is more affordable when compared to Minneapolis, where the gap is $2,028.

The typical cost per month for assisted living in Mankato is $3,135, but seniors may find some facilities are cheaper and others more expensive as many factors determine fees, including location and staff-to-resident ratios.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Minnesota page.

Except for adult day care, which averages a monthly fee of $2,694, assisted living is the least costly type of senior care in Mankato. In-home care is significantly more, at $5,720 (and the senior still has home maintenance costs to pay, such as utility bills and groceries). Home health care is costlier again, at $7,627, but this pales in comparison to the $10,246 median fee charged by nursing homes for a semiprivate room — which is typically the most affordable option.

Mankato's assisted living facilities must be licensed by Assisted Living Licensure, a division of the Minnesota Department of Health. Licenses are only issued after facilities evidence compliance with strict criteria. These cover subjects such as financial stability, staff training, building codes, fire safety and health and safety. Licenses must be renewed annually, and facilities are subject to unannounced inspections.

• The highly regarded Mayo Clinic Health System operates Mankato's hospital and two clinics. It provides the city's seniors with easy access to most types of medical care, including orthopedics, oncology, cardiology and palliative care. There's also an emergency room operating 24/7.
• A major benefit of living in Mankato is the average cost of living. Its index of 86.3 is significantly lower than the state's average of 97.2 and the country's 100, so seniors moving to Mankato are likely to find their money goes further here.
• Seniors concerned about crime may be pleased to know Mankato's rates of violent crime are below the U.S. average. Property crime is above the country's norm, but it's worth noting assisted living facilities typically have security systems in place and awake staff on-site 24/7.
• In keeping with this part of the world, winter temperatures in Mankato can fall to a chilly 5 degrees F, and snowfall is about 15 inches above the U.S. average of 28 inches. However, rainfall is 6 inches below the country's norm of 38 inches, and in summer, temperatures can reach a pleasantly warm 84 degrees F.
• The watershed quality in Mankato is low, but this doesn't directly relate to the water coming from faucets, which can vary in quality depending on location. The air quality is slightly below the country's average of 58/100, but this is safe for all but those with particularly weak respiratory issues. Seniors may find it easier to see their physicians because Mankato boasts 231 per 100,000 people — 21 more than the U.S. average.
• Adults aged 65+ and the disabled may qualify for a subtraction that will lower their annual taxable income in Minnesota if they satisfy the income limitations. Recipients of Social Security or Railroad Retirement benefits may also be eligible if they included these sources of income in their tax returns and meet the income requirements.