Eagan, MN vs Faribault, MN

The cost of living difference between Eagan, MN and Faribault, MN is dramatic. Faribault is 37.9% cheaper than Eagan, a gap that translates to thousands of dollars per year in household expenses. Eagan has a cost index of 116 while Faribault sits at 84, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Eagan is $1,604/month compared to $1,041/month in Faribault — a 54% difference. Home values follow the same pattern: Faribault is more affordable at $233,900 median vs $380,800.

Median household income in Eagan is $107,486 compared to $61,662 in Faribault (+74.3%). While Eagan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eagan spend roughly 17.9% of their income on rent, less than the 20.3% in Faribault.