Housing costs in Chaska?
A typical home costs
$407,000, which is 20.4% more expensive than the national average of
$338,100 and 31.5% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Chaska costs
$1,480 per month, which is 19.4% more than the national average of
$1,240 and 5.4% more than the state average of
$1,400.
Can I afford Chaska?
To live comfortably in Chaska (zip 55318), Minnesota, a minimum annual income of
$78,120 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Chaska?
Living in 55318 Chaska, MN is relatively affordable. The median home value is $277,500, and the median household income is $86,361. This means that a large portion of the residents of this area can afford to purchase or rent property here. Additionally, living costs are fairly low; groceries and other basic supplies are more affordable than in many other cities across the country. Housing expenses also remain reasonable due to steady rental rates and low mortgage rates. All in all, 55318 Chaska offers a reasonably priced lifestyle for those looking to settle down in a quiet community with ample amenities.