Cost of Living in Chaska, MN

Population 28,146 · Minnesota · Data vintage 2023

118
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Chaska cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $379,000, rents near $1,436 a month. An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.

Located 20 miles southwest of Minneapolis, Chaska falls within that metro's commuting orbit. Median home values run roughly 10% higher than Minneapolis' $346,000.

Cost Overview

Housing 124
Rent 109

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Chaska

The median home value in Chaska is $379,400 — 24% above the national median of $305,000. Median rent runs $1,436/month, 9% higher than the national median of $1,314/month. The median household income of $110,000/year is 47% higher than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Chaska has a cost of living index of 118 versus the US average of 100, meaning it is 18% more expensive.

🏠 Housing

Median Home Value
$379,400
24% above avg
Zillow Home Value
$473,606
Zillow ZHVI
Median Rent
$1,436/mo
9% above avg
Zillow Rent
$1,887/mo
Zillow ZORI
Price-to-Rent Ratio
22.0x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$702
1 BR
$784
2 BR
$937
3 BR
$1,307
4 BR
$1,537
Owner-occupied 69.6%
Renter-occupied 30.4%

💰 Estimated Monthly Budget

Rent median rent
$1,436
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,050/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.4%

Commute Mode

Drove alone
69.9%
Carpooled
7.5%
Public transit
0.9%
Walked
0.3%
Bicycle
0.3%
Work from home
19.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.8%
Total Sales Tax 7.4%
State rate 6.9%
Avg local rate 0.6%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$110,000
47% above avg
Per Capita Income
$54,856
Unemployment Rate
2.4%
51% below avg
Poverty Rate
4.9%
Labor Force Participation
75.3%

🎓 Education

Bachelor's degree+ 31.8%
Graduate degree 14.9%

👥 Demographics

Median Age 37.6
Male median age 37.8
Female median age 37.4

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
18.7:1
Student-teacher ratio
21
Public schools
9,896
Total enrollment

Frequently Asked Questions

What is the cost of living in Chaska, MN?

Chaska has a cost index of 118 (100 = national average). It is 18% above the national average.

What is average rent in Chaska, MN?

The median gross rent in Chaska is $1,436 per month based on 2023 Census data.

What is the average home price in Chaska?

The median home value in Chaska is $379,400 according to Zillow and Census data.

What is the median income in Chaska?

The median household income in Chaska is $110,000 per year (2023 ACS 5-year estimates).

What is the sales tax in Chaska, MN?

The combined state and local sales tax rate in Chaska is 7.4%. The Minnesota state income tax top rate is 9.8%.

Is Chaska, MN affordable?

Chaska is above average in cost of living, with an index of 118 — about 18% higher than the national average.

Chaska at a Glance

Population
28,146
Median Income
$110,000
Home Value
$379,400
Median Rent
$1,436/mo
Unemployment
2.4%
Sales Tax
7.4%
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🗺️ County data for Minnesota

Explore county-level cost of living data

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