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 110, with 100 being the average.
The cost of living index in Chaska is 1.1x higher than the national average.
Chaska ranks as the #103 cheapest in Minnesota out of 147.
Chaska ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Chaska is $310,800.
The median income in Chaska is $95,633.
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 110, 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 95.
The standard of living in Chaska ranks as #103 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Chaska ranks as the #44 most expensive place in the North Star State.
For more reading on life in Chaska, check out:
- Living In Chaska
- Chaska Crime Report
- Search Homes For Sale In Chaska, MN
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 111.
The Groceries index in Chaska is 104.
The Health index in Chaska is 104.
The Housing index in Chaska is 125.
The Transportation index in Chaska is 101.
The Utilities index in Chaska is 97.
| Living Expense | Chaska | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 110 | 95 | 100 | |
| Services | 111 | 101 | 100 | |
| Groceries | 104 | 98 | 100 | |
| Health | 104 | 111 | 100 | |
| Housing | 125 | 83 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 97 | 95 | 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 2017-2021. The key points are:
The Median Home Value in Chaska is $310,800.
The Median Rent in Chaska is $1,236.
The Median Income in Chaska is $95,633.
The Home Value To Income in Chaska is 3.2x.
The Rent To Monthly Income in Chaska is 0.16x.
| Statistic | Chaska | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $310,800 | $250,200 | $244,900 |
| Median Rent | $1,236 | $1,081 | $1,163 |
| Median Income | $95,633 | $77,706 | $69,021 |
| Home Value To Income | 3.2x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
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 122, 1.1x Chaska.
Eden Prairie, MN has a cost of living index of 121, 1.1x Chaska.
Minnetonka, MN has a cost of living index of 121, 1.1x Chaska.
| City | Population | Cost Of Living | Vs. Chaska |
|---|---|---|---|
| Plymouth, MN | 80,034 | 122 | 1.1x |
| Eden Prairie, MN | 64,048 | 121 | 1.1x |
| Minnetonka, MN | 53,809 | 121 | 1.1x |
| Edina, MN | 53,059 | 135 | 1.2x |
| Shakopee, MN | 43,396 | 108 | 1.0x |
| Chanhassen, MN | 25,646 | 125 | 1.1x |
| Golden Valley, MN | 22,247 | 116 | 1.1x |
| Victoria, MN | 10,361 | 128 | 1.2x |
| Mound, MN | 9,365 | 110 | 1.0x |
| Minnetrista, MN | 8,215 | 146 | 1.3x |
