Cost of Living in Deephaven, MN
Population: 3,835 | Minnesota
Deephaven is 47% more expensive than the national average.
Cost of Living in Deephaven, MN: What You Need to Know
With a cost of living index of 147, Deephaven, MN is one of the most expensive cities in the United States. Living here is 47% more expensive than the national average and 64% above the Minnesota state average of 82. Deephaven is a small community of 3,835 residents.
The median household income in Deephaven is $175,441, which is 133% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.
Everyday prices in the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $175,441
- vs US Median ($75,149)
- +133%
Housing
- Median Home Value
- $854,000
- Median Monthly Housing Cost
- $2,590/mo
Everyday Prices in Deephaven
BLS Average Prices for the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) area