Faribault, Minnesota vs. Austin, Minnesota

Cost of Living Comparison

The cost of living in Austin, Minnesota is 16.5% cheaper than Faribault, Minnesota.

You would need a salary of $62,629 in Austin, Minnesota to maintain the standard of living you have in Faribault, Minnesota.
Comparison highlights
• Overall, Austin, Minnesota is cheaper than Faribault, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
39% cheaper in Austin
than in Faribault, Minnesota
Faribault, MN vs. Austin, MN
Compared to Faribault, Austin is:
  Homeowner
      No Child Care, Taxes not Considered
  16.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  4.7% lower
  Housing (Homeowner)
  45.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.4% lower
  Commute
  12.5% lower
  Health
  2.6% higher
  Taxes
  Childcare
  Personal
  1.8% lower