Chaska, MN vs Monticello, MN

Monticello is moderately more affordable than Chaska, with a 5.6% lower cost of living index. Chaska scores 111 compared to 105 for Monticello, where the US average is 100. This difference means residents of Chaska can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chaska is $1,436/month compared to $1,462/month in Monticello — a 2% difference. Interestingly, home values tell a different story: while Chaska has cheaper rent, Monticello actually has lower median home values ($298,400 vs $379,400).

Median household income in Chaska is $110,000 compared to $81,563 in Monticello (+34.9%). 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 Chaska spend roughly 15.7% of their income on rent, less than the 21.5% in Monticello.