Cost of Living: Chanhassen, MN vs Alcoa, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chanhassen | Alcoa |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $481,500 | $262,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1856 | $Data is updating |
Housing Comparison: Chanhassen vs Alcoa
- In Chanhassen, the median home price is higher at $481,500, while in Alcoa it is $262,000.
- The rent for a two-bedroom apartment is equal in both Chanhassen and Alcoa at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chanhassen | Alcoa |
|---|---|---|
| Electricity Price | $16.38 | $12.57 |
| Natural Gas Price | $14.87 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Chanhassen vs Alcoa
- Electricity costs are higher in Chanhassen at $16.38 per kWh, compared to $12.57 in Alcoa.
- Natural gas is more expensive in Chanhassen at $14.87 per unit, while it is cheaper at $12.35 in Alcoa.
- Utility expenses are equal in both Chanhassen and Alcoa averaging $250.