Fairhaven, MN vs Freeport, MN

There is a significant gap in the cost of living between these two cities. Freeport is 28.7% cheaper than Fairhaven. With a cost index of 70 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Freeport to Fairhaven should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Fairhaven are $237,100 compared to $214,600 in Freeport, a 11% gap.

Median household income in Fairhaven is $92,143 compared to $87,396 in Freeport (+5.4%). Fairhaven does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.