Chanhassen, MN vs St. Anthony city (Hennepin and Ramsey Counties), MN

There is a significant gap in the cost of living between these two cities. St. Anthony city (Hennepin and Ramsey Counties) is 21.7% cheaper than Chanhassen. With a cost index of 109 vs 133, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Anthony city (Hennepin and Ramsey Counties) to Chanhassen should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chanhassen is $1,749/month compared to $1,413/month in St. Anthony city (Hennepin and Ramsey Counties) — a 24% difference. Home values follow the same pattern: St. Anthony city (Hennepin and Ramsey Counties) is more affordable at $365,700 median vs $530,700.

Median household income in Chanhassen is $138,034 compared to $97,784 in St. Anthony city (Hennepin and Ramsey Counties) (+41.2%). 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 Chanhassen spend roughly 15.2% of their income on rent, less than the 17.3% in St. Anthony city (Hennepin and Ramsey Counties).