Cost of Living: Faribault, MN vs Auburn, AL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Faribault Auburn
Housing Index 85.0 90.0
Median Home Price $226,000 $299,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1280 $1240

Housing Comparison: Faribault vs Auburn

  • The median home price in Auburn is higher at $299,000, compared to $226,000 in Faribault.
  • The rent for a two-bedroom apartment is equal in both Faribault and Auburn at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Faribault Auburn
Electricity Price $16.38 $15.03
Natural Gas Price $14.87 $21.76
Other Utilities $250 $200

Utilities Comparison: Faribault vs Auburn

  • Electricity costs are higher in Faribault at $16.38 per kWh, compared to $15.03 in Auburn.
  • Auburn experiences higher natural gas costs at $21.76 per unit, with costs at $14.87 in Faribault.
  • Other utility costs are higher in Faribault at an average of $250, compared to Auburn with $200.