Fairhaven, MN vs Knife River, MN

Fairhaven is moderately more affordable than Knife River, with a 5% lower cost of living index. Fairhaven scores 91 compared to 96 for Knife River, where the US average is 100. This difference means residents of Knife River can expect to pay noticeably more for everyday expenses, housing, and services.

Median household income in Fairhaven is $92,143 compared to $76,106 in Knife River (+21.1%). Fairhaven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.