Chanhassen, MN Cost of Living


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Chanhassen cost of living score
112.9
More expensive
12.9% higher
than the US average
16.2% higher
than the Minnesota average
Chanhassen, Minnesota gets a BestPlaces Cost of Living score of 112.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.9% higher than the U.S. average and 16.2% higher than the average for Minnesota.

Chanhassen, MN

Housing costs in Chanhassen?
A typical home costs $457,400, which is 35.3% more expensive than the national average of $338,100 and 47.8% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Chanhassen costs $1,630 per month, which is 14.0% more than the national average of $1,430 and 23.9% more than the state average of $1,240.

Can I afford Chanhassen?
To live comfortably in Chanhassen, Minnesota, a minimum annual income of $87,480 for a family, and $53,200 for a single person is recommended.

What does A.I. say about Chanhassen?
The cost of living in Chanhassen, MN is relatively high compared to the national average. The median home price is $372,500, which is significantly higher than the national median of $184,700. Similarly, the median rent price in Chanhassen is $1,573 a month, compared to the national average of $949. Despite the fact that groceries and healthcare are somewhat cheaper than other parts of the nation, they are still expensive for many residents. Additionally, transportation costs can be costly due to limited public transportation options. Although living in Chanhassen can be pricey for some families and individuals, it offers its citizens a safe community with plenty of recreational activities and great schools.
   Cost of living score
     CategoriesChanhassenMinnesotaUnited States
  112.997.2100.0
  105.697.2100
  73.678.3100.0
  160.3102.9100.0
  $457,400$309,500$338,100
  98.1%95.7%100.0%
  105.496.4100.0
  135.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Chanhassen
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Over 12 years ago

When we moved to Chan in 1996, I was doubtful about the term "Minnesota nice." We moved there from Michigan, where I was a very happy stay at home mom. We ended up  More

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