Can A Chef Afford Rent in New Hope, MN?
Comfortably affordable — rent takes 25.9% of gross income.
New Hope rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
About rent and a chef salary
Chef pay varies sharply by restaurant type, with executive chefs at high-end establishments earning materially above the BLS mean. At the national-average chef salary, the 30% rule supports about $1,604 a month in rent.
Cheaper rent nearby
These Minnesota cities have lower median rent than New Hope, which improves the affordability math on a chef salary:
Compare with full rent data for New Hope
View full rent data for New Hope, MN →Frequently asked questions
Can a chef afford rent in New Hope, MN?
Median rent in New Hope is $1,442 a month. A typical chef in Minnesota earns about $66,716 a year, which makes that rent 25.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a chef afford in New Hope?
Using the 30% rule, a chef salary in Minnesota (~$66,716/yr) supports up to $1,668 a month in rent. New Hope's current median rent is $1,442/mo, which leaves a $226/mo buffer.
How many hours does a chef work to cover rent in New Hope?
At an hourly equivalent of about $32 an hour, a chef in Minnesota works roughly 45 hours a month to cover New Hope's median rent of $1,442.
Where is rent cheaper than New Hope for a chef?
Nearby Minnesota cities with lower median rent include New Brighton ($1,441/mo), Fridley ($1,441/mo), Saint Paul ($1,439/mo). Each shifts the affordability math materially on a chef salary.