Cost of Living: Chanhassen, MN vs Honolulu, HI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chanhassen | Honolulu |
|---|---|---|
| Housing Index | 120.0 | 186.5 |
| Median Home Price | $481,500 | $727,700 |
| Average Rent (2 BR Apartment) | $1800 | $2800 |
| Average Rent (2 BR House) | $1856 | $2846 |
Housing Comparison: Chanhassen vs Honolulu
- The median home price in Honolulu is higher at $727,700, compared to $481,500 in Chanhassen.
- In Honolulu, the rental for a two-bedroom apartment stands at $2,800, while it is $1,800 in Chanhassen.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chanhassen | Honolulu |
|---|---|---|
| Electricity Price | $16.38 | $42.45 |
| Natural Gas Price | $14.87 | $51.22 |
| Other Utilities | $250 | $400 |
Utilities Comparison: Chanhassen vs Honolulu
- Honolulu has higher electricity costs at $42.45 per kWh, versus $16.38 in Chanhassen.
- Honolulu experiences higher natural gas costs at $51.22 per unit, with costs at $14.87 in Chanhassen.
- Honolulu has higher utility expenses, averaging $400, while Chanhassen averages $250.