Cost of Living: Chanhassen, MN vs Riverbank, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chanhassen | Riverbank |
|---|---|---|
| Housing Index | 120.0 | 120.5 |
| Median Home Price | $481,500 | $460,000 |
| Average Rent (2 BR Apartment) | $1800 | $2200 |
| Average Rent (2 BR House) | $1856 | $2240 |
Housing Comparison: Chanhassen vs Riverbank
- In Chanhassen, the median home price is higher at $481,500, while in Riverbank it is $460,000.
- In Riverbank, the rental for a two-bedroom apartment stands at $2,200, 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 | Riverbank |
|---|---|---|
| Electricity Price | $16.38 | $32.99 |
| Natural Gas Price | $14.87 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chanhassen vs Riverbank
- Riverbank has higher electricity costs at $32.99 per kWh, versus $16.38 in Chanhassen.
- Riverbank experiences higher natural gas costs at $16.99 per unit, with costs at $14.87 in Chanhassen.
- Utility expenses are equal in both Chanhassen and Riverbank averaging $250.