Chaska cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index112104100
Goods & Services index113109100
Groceries index103106100
Health care index103110100
Housing index125100100
Transportation index104100100
Utilities index9798100
An overview of the general cost of living index for Chaska, MN is displayed above for your reference. Residents in Chaska, MN enjoy a cost of living index of 112. This index is 8% higher than the Minnesota average, and 12% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Chaska, MN, the average cost of goods and services is 4% higher than it is in Minnesota, and it is 13% higher than the national average.
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Did you know?

  • The cost of living in Chaska is 8% higher than the Minnesota average.
  • The cost of living in Chaska is 12% higher than the national average.
  • The cost of housing in Chaska is 25% higher than the national average.
  • Minnesota general sales tax is 35% higher than the national average.
  • Minnesota state income tax is 141% higher than the national average.

Compare Chaska, MN Cost of living To Other Cities


      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Using the salary calculator lets you compare the salary you earn in Chaska, MN to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Chaska, MN, you have to earn a higher income in order to still have the same standard of living. To operate the Chaska, MN salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      The affordability of the housing market in Chaska, MN as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Chaska, MN homeowners, the median income is $96,862. This indicates that a monthly maximum of $2,260 should be spent by homeowners on all housing related costs. Renters have a median income of $49,939. This indicates that renters should have a maximum of $1,165 used for their rent related monthly costs.

      Minnesota Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Minnesota Income Tax

      StateIncome Tax (Low)Income Tax (High)
      For those who live in Chaska, MN and want to know what the true cost of living is, they ought to look at both the Minnesota income tax rate and the Minnesota sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Minnesota, the sales tax is 6.875%, while the most you'll pay in surtax is 7.875%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Minnesota, the income tax rate ranges between 5.35% to 9.85%.

      Goods & Services

      ItemChaskaNational avg.Difference
      Haircut $24.49$17.4940.0%
      Beauty Salon $34.71$38.179.1%
      Toothpaste $3.37$2.3245.2%
      Shampoo $1.08$1.016.7%
      Movie $10.43$10.722.7%
      Bowling $21.05$13.8651.9%


      ItemChaskaNational avg.Difference
      Ground Beef $4.52$3.9015.9%
      Fried Chicken $2.10$1.4050.5%
      Milk $2.62$1.9633.5%
      Potatoes $3.36$3.185.6%
      Pizza $12.73$10.3922.5%
      Beer $8.91$9.233.5%

      Health Care

      ItemChaskaNational avg.Difference
      Optometrist $89.90$106.3415.5%
      Doctor $150.44$115.2530.5%
      Dentist $85.78$98.3812.8%
      Ibuprofen $11.78$9.2627.2%
      Lipitor $445.61$466.474.5%


      ItemChaskaNational avg.Difference
      Home Price $243,700.00$184,700.0031.9%
      Avg. Mortgage Payment $1,327.62$1,273.324.3%
      Apartment Rent $1,020.00$949.007.5%


      ItemChaskaNational avg.Difference
      Gasoline $2.47$2.594.5%
      Tire Balancing $59.72$48.9022.1%


      ItemChaskaNational avg.Difference
      All Electricity$162.02$167.603.3%
      Phone $178.08$163.429.0%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Watertown, MN4,2981000%
      Robbinsdale, MN14,3821022%
      Belle Plaine, MN6,89298-2%
      Cologne, MN1,6551066%
      Maple Plain, MN1,8121077%
      Chaska, MN25,07811212%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Baldwin, NY25,07114747%
      Maple Valley, WA25,09314242%
      Lockport, IL25,0961044%
      Edwardsville, IL25,04498-2%
      Balch Springs, TX25,04392-8%
      Chaska, MN25,07811212%
      Source: The Chaska, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.