Apple Valley, MN vs Chanhassen, MN

Apple Valley is moderately more affordable than Chanhassen, with a 12.5% lower cost of living index. Apple Valley scores 116 compared to 133 for Chanhassen, where the US average is 100. This difference means residents of Chanhassen can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Apple Valley is $1,678/month compared to $1,749/month in Chanhassen — a 4% difference. Home values follow the same pattern: Apple Valley is more affordable at $354,200 median vs $530,700.

Median household income in Apple Valley is $99,277 compared to $138,034 in Chanhassen (-28.1%). While Chanhassen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Apple Valley spend roughly 20.3% of their income on rent, more than the 15.2% in Chanhassen.