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FARIBAULT vs. LAKEVILLE
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Faribault, Minnesota vs. Lakeville, Minnesota
Cost of Living Comparison
The cost of living in Lakeville, Minnesota is
29.6%
more expensive
than Faribault, Minnesota.
You would need a salary of
$42,753
in Lakeville, Minnesota to maintain the standard of living you have in Faribault, Minnesota.
Comparison highlights
• Overall, Lakeville, Minnesota is
more expensive
than Faribault, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
71% more expensive in Lakeville
than in Faribault, Minnesota
Faribault, MN vs. Lakeville, MN
Compared to Faribault, Lakeville is:
Homeowner
No Child Care, Taxes not Considered
29.6% higher
Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Renter
No Child Care, Taxes not Considered
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Child Care
, Taxes not Considered
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Child Care, Taxes Considered
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No Child Care,
Taxes Considered
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Food
5.5% higher
Housing (Homeowner)
88.6% higher
Housing (Rent)
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Median Home Cost
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Utilities
0.9% lower
Commute
53.6% higher
Health
13.9% lower
Taxes
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Childcare
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Personal
7.0% higher
Cost of Food
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