Cost of Living: Faribault, MN vs Taylorville, IL

Housing

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

Metric Faribault Taylorville
Housing Index 85.0 Data is updating
Median Home Price $226,000 $Data is updating
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Faribault vs Taylorville

  • In Faribault, the median home price is higher at $226,000, while in Taylorville it is $0.
  • The rent for a two-bedroom apartment is equal in both Faribault and Taylorville 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 Taylorville
Electricity Price $16.38 $16.15
Natural Gas Price $14.87 $16.59
Other Utilities $250 $Data is updating

Utilities Comparison: Faribault vs Taylorville

  • Electricity costs are higher in Faribault at $16.38 per kWh, compared to $16.15 in Taylorville.
  • Taylorville experiences higher natural gas costs at $16.59 per unit, with costs at $14.87 in Faribault.
  • Utility expenses are equal in both Faribault and Taylorville averaging $250.