Cost of Living: Redmond, WA vs Chanhassen, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Redmond | Chanhassen |
|---|---|---|
| Housing Index | 140.0 | 120.0 |
| Median Home Price | $Data is updating | $481,500 |
| Average Rent (2 BR Apartment) | $2300 | $1800 |
| Average Rent (2 BR House) | $2400 | $1856 |
Housing Comparison: Redmond vs Chanhassen
- The median home price in Chanhassen is higher at $481,500, compared to $0 in Redmond.
- Renting a two-bedroom apartment costs more in Redmond at $2,300 than in Chanhassen 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 | Redmond | Chanhassen |
|---|---|---|
| Electricity Price | $12.34 | $16.38 |
| Natural Gas Price | $18.14 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Redmond vs Chanhassen
- Chanhassen has higher electricity costs at $16.38 per kWh, versus $12.34 in Redmond.
- Natural gas is more expensive in Redmond at $18.14 per unit, while it is cheaper at $14.87 in Chanhassen.
- Utility expenses are equal in both Redmond and Chanhassen averaging $250.