Zip 55382 (South Haven, MN) Cost of Living


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How much do I need to live in South Haven, Minnesota?
$5,670 / month
for a family, 5.0% more expensive than the national average A total of $68,040 for the year for a family.
$3,233 / month
for a single person, 32.2% less expensive than the national average A total of $38,800 for the year for a single person.

South Haven cost of living score
104.3
More expensive
4.3% higher
than the US average
7.3% higher
than the Minnesota average
South Haven (zip 55382), Minnesota gets a BestPlaces Cost of Living score of 104.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.3% higher than the U.S. average and 7.3% higher than the average for Minnesota.

Zip 55382 (South Haven, MN)

Housing costs in South Haven?
A typical home costs $355,600, which is 5.2% more expensive than the national average of $338,100 and 14.9% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in South Haven costs $1,190 per month, which is 16.8% cheaper than the national average of $1,430 and 4.2% cheaper than the state average of $1,240.

Can I afford South Haven?
To live comfortably in South Haven (zip 55382), Minnesota, a minimum annual income of $68,040 for a family, and $38,800 for a single person is recommended.

What does A.I. say about South Haven?
The cost of living in 55382 South Haven, MN is relatively low compared to other parts of the country. According to BestPlaces, the overall cost of living index in South Haven is 64 (on a scale of 0-100 where 100 is most expensive.) This indicates that South Haven is 13% lower than the national average. The median home value in South Haven sits at $153,700 - well below the U.S. median home value which is around $226,000. Renters can expect to pay slightly more with an average rent price of $1,077 compared to the national average which is just over $1000 per month. Overall, South Haven offers great value for your money and provides plenty of opportunities for residents to enjoy its beautiful lakeside location without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSouth HavenMinnesotaUnited States
    Unlock97.2100.0
  100.4  Unlock100.0
    Unlock78.3100.0
  118.7  Unlock100.0
    Unlock$309,500$338,100
  97.0  Unlock100.0
    Unlock96.4100.0
  121.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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