Faribault, MN vs St. Cloud, MN

St. Cloud is moderately more affordable than Faribault, with a 6.5% lower cost of living index. Faribault scores 84 compared to 79 for St. Cloud, where the US average is 100. This difference means residents of Faribault can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Faribault is $1,041/month compared to $1,005/month in St. Cloud — a 4% difference. Home values follow the same pattern: St. Cloud is more affordable at $212,800 median vs $233,900.

Median household income in Faribault is $61,662 compared to $61,112 in St. Cloud (+0.9%). Faribault does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Faribault spend roughly 20.3% of their income on rent, more than the 19.7% in St. Cloud.