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Cost of Living in Deephaven, MN

Population: 3,835 | Minnesota

147
Cost of Living Index
US Average = 100

Deephaven is 47% more expensive than the national average.

100
Housing
280
Home Values
104
Regional Price

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

$3.20
Gasoline (regular)
per gallon
+5% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+5% vs US
🥛
$4.21
Milk (whole)
per gallon
+5% vs US
🍞
$1.93
Bread (white)
per lb
+5% vs US
🍗
$4.33
Chicken breast
per lb
+5% vs US
$0.17
Electricity
per kWh
-10% vs US

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