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IT Manager Salary in Mankato, MN

How much does a it manager make in Mankato? Explore median, entry-level, and senior salaries adjusted for Mankato's cost of living.

Median Salary
$119,340
per year in Mankato
Entry Level
$72,205
Starting salary
Senior Level
$158,451
Experienced professionals
Cost of Living
90
10% below national avg

Salary Breakdown by Experience Level

See how it manager salaries break down across different pay periods in Mankato.

PeriodEntry LevelMedianSenior
Annual$72,205$119,340$158,451
Monthly$6,017$9,945$13,204
Biweekly$2,777$4,590$6,094
Weekly$1,389$2,295$3,047
Hourly$35$57$76

Mankato vs National Average

How Mankato's it manager salaries compare to national figures.

Mankato Salary
$119,340
COL Index: 90
National Average
$130,000
COL Index: 100
Difference
-$10,660
Lower in Mankato

Cost of Living in Mankato

1-Bedroom Rent
$820
per month
Median Income
$46,234
per year
Population
44,488
residents
Rent % of Income
21.3%
median household
Cost of Living Index: 90 — A score of 100 represents the U.S. average. Salaries in Mankato have been adjusted to account for local cost differences.

About IT Manager

Overview

Oversee IT operations, staff, and technology infrastructure for organizations.

Education

Bachelor's degree in IT or related field; MBA advantageous

Key Skills

LeadershipBudget ManagementNetwork ManagementStrategic Planning

Growth Rate

Expected job growth: +21% over the next decade

Compare Cities: IT Manager Salary

See IT Manager salaries in other top cities.

New York, NY
$212,400
+78%
Los Angeles, CA
$191,410
+60%
Chicago, IL
$168,230
+41%
Houston, TX
$167,630
+40%
Phoenix, AZ
$163,970
+37%

Financial Tools to Explore

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IT Manager Salary in Mankato, MN — Complete Guide

Median Salary Overview

The median salary for a it manager in Mankato, MN is $119,340 per year, adjusted for the local cost of living index of 90. This figure reflects typical earnings for experienced professionals in this role, considering Mankato's unique economic conditions.

Salary Range and Experience Levels

Entry-level it manager professionals in Mankato can expect to earn around $72,205 annually. As professionals gain experience, salaries typically increase, with senior-level it managers earning approximately $158,451 per year. This represents a 119% increase from entry to senior level.

Cost of Living Adjustment

Mankato's cost of living index of 90 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Mankato are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $130,000, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a it manager's salary in Mankato typically goes toward housing. With a 1-bedroom apartment averaging $820 per month, housing represents about 8.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

IT Managers are in growing demand across the United States, with an expected job growth of 21% over the next decade. In Mankato, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.