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Cost of Living in Fairhaven, MN

Population: 279 | Minnesota

91
Cost of Living Index
US Average = 100

Fairhaven is 9% less expensive than the national average.

100
Housing
78
Home Values
89
Regional Price

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

$2.97
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.43
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.91
Milk (whole)
per gallon
-3% vs US
🍞
$1.79
Bread (white)
per lb
-3% vs US
🍗
$4.02
Chicken breast
per lb
-3% vs US
$0.17
Electricity
per kWh
-11% vs US

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