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FARIBAULT vs. LAKE PLACID
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Cost of Living Calculator - Faribault, Minnesota vs Lake Placid, Florida
The cost of living in Lake Placid, Florida is
2.6%
cheaper
than Faribault, Minnesota.
You would need a salary of
$73,024
in Lake Placid, Florida to maintain the standard of living you have in Faribault, Minnesota.
Comparison highlights
• Overall, Lake Placid, Florida is
cheaper
than Faribault, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
3% cheaper in Lake Placid
than in Faribault, Minnesota
Faribault, MN vs Lake Placid, FL
Compared to Faribault, Lake Placid is:
Homeowner
No Child Care, Taxes not Considered
2.6% lower
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
4.7% higher
Housing (Homeowner)
20.8% lower
Housing (Rent)
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Median Home Cost
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Utilities
12.5% higher
Commute
7.9% higher
Health
22.5% higher
Taxes
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Childcare
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Personal
6.8% lower
Cost of Food
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