Burnsville, MN vs Faribault, MN

There is a significant gap in the cost of living between these two cities. Faribault is 29.8% cheaper than Burnsville. With a cost index of 84 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Faribault to Burnsville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Burnsville is $1,501/month compared to $1,041/month in Faribault — a 44% difference. Home values follow the same pattern: Faribault is more affordable at $233,900 median vs $335,100.

Median household income in Burnsville is $83,953 compared to $61,662 in Faribault (+36.2%). While Burnsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burnsville spend roughly 21.5% of their income on rent, more than the 20.3% in Faribault.