Deephaven, MN vs Tonka Bay, MN

There is a significant gap in the cost of living between these two cities. Deephaven is 17.5% cheaper than Tonka Bay. With a cost index of 147 vs 178, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Deephaven to Tonka Bay should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Deephaven are $854,000 compared to $869,900 in Tonka Bay, a 2% gap.

Median household income in Deephaven is $175,441 compared to $151,563 in Tonka Bay (+15.8%). Deephaven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.