Cost of Living: Tracy, CA vs Chanhassen, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tracy | Chanhassen |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $690,000 | $481,500 |
| Average Rent (2 BR Apartment) | $2300 | $1800 |
| Average Rent (2 BR House) | $2400 | $1856 |
Housing Comparison: Tracy vs Chanhassen
- In Tracy, the median home price is higher at $690,000, while in Chanhassen it is $481,500.
- Renting a two-bedroom apartment costs more in Tracy 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 | Tracy | Chanhassen |
|---|---|---|
| Electricity Price | $32.99 | $16.38 |
| Natural Gas Price | $16.99 | $14.87 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Tracy vs Chanhassen
- Electricity costs are higher in Tracy at $32.99 per kWh, compared to $16.38 in Chanhassen.
- Natural gas is more expensive in Tracy at $16.99 per unit, while it is cheaper at $14.87 in Chanhassen.
- Utility expenses are equal in both Tracy and Chanhassen averaging $250.