Chaska, MN Cost Of Living
Cost Of Living In Chaska, MN Summary
Cost of living in Chaska research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Chaska is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Chaska is 112, with 100 being the average.
The cost of living index in Chaska is 1.1x higher than the national average.
Chaska ranks as the #108 cheapest in Minnesota out of 148.
Chaska ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in Chaska is $463,738.
The median income in Chaska is $110,000.
Table Of Contents
Chaska's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Chaska, MN?
According to the most recent data on the cost of living, Chaska has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Chaska has a cost of living index that's 1.2x higher than Minnesota's index of 97.
The standard of living in Chaska ranks as #108 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Chaska ranks as the #40 most expensive place in the North Star State.
For more reading on life in Chaska, check out:
In Minnesota
In America
Chaska Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Chaska. Here is how it fairs on each of the criteria:
The Services index in Chaska is 95.
The Groceries index in Chaska is 95.
The Health index in Chaska is 101.
The Housing index in Chaska is 148.
The Transportation index in Chaska is 98.
The Utilities index in Chaska is 97.
| Living Expense | Chaska | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 112 | 97 | 100 | |
| Services | 95 | 101 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 101 | 110 | 100 | |
| Housing | 148 | 100 | 100 | |
| Transportation | 98 | 95 | 100 | |
| Utilities | 97 | 94 | 100 | |
Chaska, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Chaska is $463,738.
The Median Rent in Chaska is $1,436.
The Median Income in Chaska is $110,000.
The Home Value To Income in Chaska is 4.2x.
The Rent To Monthly Income in Chaska is 0.16x.
Median Home Value
Median Rent
Median Income
Chaska, MN Costs By Category
Detailed Chaska Services Costs Vs. Minnesota
Detailed Chaska Groceries Costs Vs. Minnesota
Detailed Chaska Health Costs Vs. Minnesota
Detailed Chaska Transportation Costs Vs. Minnesota
Detailed Chaska Utilities Costs Vs. Minnesota
Chaska SnackAbility
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Cost Of Living In Cities Around Chaska
The cost of living varies in the cities and towns around Chaska. Here's a quick look at the cost of living in the most populous nearby places:
Plymouth, MN has a cost of living index of 124, 1.1x Chaska.
Eden Prairie, MN has a cost of living index of 124, 1.1x Chaska.
Minnetonka, MN has a cost of living index of 120, 1.1x Chaska.
| City | Population | Cost Of Living | Vs. Chaska |
|---|---|---|---|
| Plymouth, MN | 79,526 | 124 | 1.1x |
| Eden Prairie, MN | 63,249 | 124 | 1.1x |
| Minnetonka, MN | 53,256 | 120 | 1.1x |
| Edina, MN | 53,125 | 139 | 1.2x |
| Shakopee, MN | 45,002 | 111 | 1.0x |
| Chanhassen, MN | 26,001 | 126 | 1.1x |
| Golden Valley, MN | 21,927 | 118 | 1.1x |
| Victoria, MN | 10,972 | 132 | 1.2x |
| Mound, MN | 9,176 | 105 | 0.9x |
| Minnetrista, MN | 8,509 | 141 | 1.3x |
