Cost of Living in Fairhaven, MN
Population: 279 | Minnesota
Fairhaven is 9% less expensive than the national average.
Cost of Living in Fairhaven, MN: What You Need to Know
With a cost of living index of 91, Fairhaven, MN is slightly more affordable than average. Living here is 9% cheaper than the national average and 8% above the Minnesota state average of 82. Fairhaven is a small community of 279 residents.
The median household income in Fairhaven is $92,143, which is 23% higher than the national median of $75,149.
Everyday prices in the St. Cloud, MN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower 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
- $92,143
- vs US Median ($75,149)
- +23%
Housing
- Median Home Value
- $237,100
- Median Monthly Housing Cost
- $1,178/mo
Everyday Prices in Fairhaven
BLS Average Prices for the St. Cloud, MN (Metropolitan Statistical Area) area