Cost of Living in Chandler, MN

With a cost of living index of 67, Chandler, MN is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 15% below the Minnesota state average of 82. Chandler is a small community of 322 residents.

Housing costs are the biggest factor in Chandler's cost of living. The median monthly rent is $823 (38% below the US median of $1,319), and the median home value sits at $102,900 (66% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.

The median household income in Chandler is $77,188, which is 3% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.