Fairhaven, MN vs Hills, MN
There is a significant gap in the cost of living between these two cities. Hills is 19.6% cheaper than Fairhaven. With a cost index of 76 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hills 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 $184,800 in Hills, a 28% gap.
Median household income in Fairhaven is $92,143 compared to $67,393 in Hills (+36.7%). While Fairhaven is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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