Cost of Living: Troy, PA vs Chanhassen, MN

Housing

The housing market plays a significant role in determining the cost of living.

Metric Troy Chanhassen
Housing Index 85.0 120.0
Median Home Price $184,000 $481,500
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1280 $1856

Housing Comparison: Troy vs Chanhassen

  • The median home price in Chanhassen is higher at $481,500, compared to $184,000 in Troy.
  • In Chanhassen, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Troy.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Troy Chanhassen
Electricity Price $17.68 $16.38
Natural Gas Price $17.61 $14.87
Other Utilities $250 $250

Utilities Comparison: Troy vs Chanhassen

  • Electricity costs are higher in Troy at $17.68 per kWh, compared to $16.38 in Chanhassen.
  • Natural gas is more expensive in Troy at $17.61 per unit, while it is cheaper at $14.87 in Chanhassen.
  • Utility expenses are equal in both Troy and Chanhassen averaging $250.