Cost of Living: Chanhassen, MN vs Winchester, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chanhassen | Winchester |
|---|---|---|
| Housing Index | 103 | 98.5 |
| Median Home Price | $481,500 | $275,000 |
| Average Rent (2 BR Apartment) | $1895 | $1602 |
| Average Rent (2 BR House) | $2060 | $1741 |
Housing Comparison: Chanhassen vs Winchester
- In Chanhassen, the median home price is higher at $481,500, while in Winchester it is $275,000.
- Renting a two-bedroom apartment costs more in Chanhassen at $1,895 than in Winchester at $1,602.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chanhassen | Winchester |
|---|---|---|
| Electricity Price | $16.38 | $12.57 |
| Natural Gas Price | $14.87 | $12.35 |
| Other Utilities | $233 | $238 |
Utilities Comparison: Chanhassen vs Winchester
- Electricity costs are higher in Chanhassen at $16.38 per kWh, compared to $12.57 in Winchester.
- Natural gas is more expensive in Chanhassen at $14.87 per unit, while it is cheaper at $12.35 in Winchester.
- Winchester has higher utility expenses, averaging $238, while Chanhassen averages $233.