Cost of living in Faribault, MN

Faribault is a Census city in Rice County, MN. ACS 2024 5-year population is 24,631. Median gross rent is $1,074 (ACS 2024 5-year, this place). Median home value is $241,500. Median household income is $61,449. Insurance is the NAIC state average; food is a USDA plan — no town indexes.