Chanhassen, MN Cost Of Living
Chanhassen's Overall Cost Of Living
Higher Than The National Average
In Minnesota
In America
What is the cost of living in Chanhassen, MN?
According to the most recent data on the cost of living, Chanhassen has an overall cost of living index of 125 which is 1.2x higher than the national index of 100.
Compared to only Minnesota, Chanhassen has a cost of living index that's 1.2x higher than Minnesota's index of 104.
The standard of living in Chanhassen ranks as #5,045 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Chanhassen ranks as the #1,374 most expensive place in the North Star State.
Chanhassen Cost Of Living Vs. Minnesota
| Living Expense | Chanhassen | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 125 | 104 | 100 | |
| Services | 112 | 106 | 100 | |
| Groceries | 102 | 102 | 100 | |
| Health | 102 | 113 | 100 | |
| Housing | 168 | 101 | 100 | |
| Transportation | 101 | 102 | 100 | |
| Utilities | 96 | 98 | 100 | |
Chanhassen, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Chanhassen | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $400,300 | $235,700 | $229,800 |
| Median Rent | $1,469 | $1,010 | $1,096 |
| Median Income | $124,184 | $73,382 | $64,994 |
| Home Value To Income | 3.2x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.17x | 0.2x |
Detailed Chanhassen Services Costs Vs. Minnesota
| Item | Chanhassen | Minnesota |
|---|---|---|
| Shampoo | $1.09 | $1.06 |
| Movie | $9.96 | $10.68 |
| Bowling | $22.57 | $14.67 |
Detailed Chanhassen Groceries Costs Vs. Minnesota
| Item | Chanhassen | Minnesota |
|---|---|---|
| Ground Beef | $4.4 | $4.22 |
| Fried Chicken | $2.1 | $1.39 |
| Milk | $2.6 | $2.05 |
Detailed Chanhassen Health Costs Vs. Minnesota
| Item | Chanhassen | Minnesota |
|---|---|---|
| Haircut | $24.2 | $18.62 |
| Beauty Salon | $34.39 | $39.05 |
| Toothpaste | $3.36 | $2.34 |
Detailed Chanhassen Transportation Costs Vs. Minnesota
| Item | Chanhassen | Minnesota |
|---|---|---|
| Potatoes | $3.32 | $3.29 |
| Pizza | $12.99 | $10.62 |
| Beer | $8.96 | $9.38 |
| Optometrist | $89.59 | $108.57 |
| Doctor | $147.85 | $116.17 |
| Dentist | $86.94 | $99.13 |
Detailed Chanhassen Utilities Costs Vs. Minnesota
| Item | Chanhassen | Minnesota |
|---|---|---|
| Gasoline | $2.06 | $2.22 |
| Tire Balancing | $58.37 | $50.07 |
| All Electricity | $160.63 | $167.67 |
| Phone | $180.98 | $175.64 |
Chanhassen SnackAbility
/10
Cost Of Living In Cities Around Chanhassen
| City | Population | Cost Of Living | Vs. Chanhassen |
|---|---|---|---|
| Plymouth, MN | 78,879 | 122 | 1.0x |
| Maple Grove, MN | 71,569 | 117 | 0.9x |
| Lakeville, MN | 65,710 | 116 | 0.9x |
| Eden Prairie, MN | 64,481 | 121 | 1.0x |
| Minnetonka, MN | 53,760 | 121 | 1.0x |
| Apple Valley, MN | 53,728 | 112 | 0.9x |
| Edina, MN | 52,215 | 135 | 1.1x |
| Chaska, MN | 26,753 | 110 | 0.9x |
| Golden Valley, MN | 21,611 | 116 | 0.9x |
| Victoria, MN | 9,787 | 128 | 1.0x |
