Cambridge, MN vs Chaska, MN
There is a significant gap in the cost of living between these two cities. Cambridge is 16.2% cheaper than Chaska. With a cost index of 93 vs 111, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cambridge to Chaska should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cambridge is $1,232/month compared to $1,436/month in Chaska — a 14% difference. Home values follow the same pattern: Cambridge is more affordable at $234,800 median vs $379,400.
Median household income in Cambridge is $67,632 compared to $110,000 in Chaska (-38.5%). While Chaska is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cambridge spend roughly 21.9% of their income on rent, more than the 15.7% in Chaska.
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