Eden Prairie, MN vs Faribault, MN

The cost of living difference between Eden Prairie, MN and Faribault, MN is dramatic. Faribault is 51.6% cheaper than Eden Prairie, a gap that translates to thousands of dollars per year in household expenses. Eden Prairie has a cost index of 128 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 Eden Prairie is $1,761/month compared to $1,041/month in Faribault — a 69% difference. Home values follow the same pattern: Faribault is more affordable at $233,900 median vs $463,300.

Median household income in Eden Prairie is $127,732 compared to $61,662 in Faribault (+107.1%). While Eden Prairie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eden Prairie spend roughly 16.5% of their income on rent, less than the 20.3% in Faribault.