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Chaska, MN vs New Ulm, MN

111
Chaska
Minnesota
VS
+46.2%
76
New Ulm
Minnesota

The cost of living difference between Chaska, MN and New Ulm, MN is dramatic. New Ulm is 46.2% cheaper than Chaska, a gap that translates to thousands of dollars per year in household expenses. Chaska has a cost index of 111 while New Ulm sits at 76, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Chaska is $1,436/month compared to $974/month in New Ulm — a 47% difference. Home values follow the same pattern: New Ulm is more affordable at $192,700 median vs $379,400.

Median household income in Chaska is $110,000 compared to $63,984 in New Ulm (+71.9%). 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 18.3% in New Ulm.

Income & Cost

Cost of Living Index
Chaska
111
New Ulm
76
32% cheaper
Median Household Income
Chaska
$110,000
42% higher
New Ulm
$63,984

Housing

Median Rent
Chaska
$1,436
New Ulm
$974
32% cheaper
Median Home Value
Chaska
$379,400
New Ulm
$192,700
49% cheaper
Population
Chaska
28,146
New Ulm
14,066

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chaska $3.20
New Ulm $2.97
US $3.07
🥚
Eggs (grade A, large)
Chaska $2.61
New Ulm $2.43
US $2.50
🥛
Milk (whole)
Chaska $4.21
New Ulm $3.91
US $4.03
🍞
Bread (white)
Chaska $1.93
New Ulm $1.79
US $1.85
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Chicken breast
Chaska $4.33
New Ulm $4.02
US $4.14
Electricity
Chaska $0.17
New Ulm $0.17
US $0.19