Cost of Living: Erwin, TN vs Chanhassen, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erwin | Chanhassen |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $228,000 | $481,500 |
| Average Rent (2 BR Apartment) | $1150 | $1800 |
| Average Rent (2 BR House) | $1200 | $1856 |
Housing Comparison: Erwin vs Chanhassen
- The median home price in Chanhassen is higher at $481,500, compared to $228,000 in Erwin.
- In Chanhassen, the rental for a two-bedroom apartment stands at $1,800, while it is $1,150 in Erwin.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erwin | Chanhassen |
|---|---|---|
| Electricity Price | $12.57 | $16.38 |
| Natural Gas Price | $12.35 | $14.87 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Erwin vs Chanhassen
- Chanhassen has higher electricity costs at $16.38 per kWh, versus $12.57 in Erwin.
- Chanhassen experiences higher natural gas costs at $14.87 per unit, with costs at $12.35 in Erwin.
- Chanhassen has higher utility expenses, averaging $250, while Erwin averages $220.