Faribault Named One of the Most Affordable Places to Live in MN

Everyone looks for different ways to save money. Sometimes saving money involves moving somewhere new that's a little more affordable. Well, that's not something we need to worry about here in southern Minnesota!

HomeSnacks took a look at a few different factors (that we'll talk about later) to determine which cities in Minnesota are the most affordable, and Faribault ranked number 15! Owatonna came in just ahead at number 14.

To determine what cities are the best for your wallet, HomeSnacks looked at the average cost of what everyone needs no matter where you live: Housing, food, gas, health insurance, utilities, and transportation

After evaluating the results they came up with this list of the 15 most affordable places to live in Minnesota:

1. Albert Lea

2. Austin

3. Stewartville

4. Rochester

5. Redwood Falls

6. Fairmont

7. Worthington

8. New Ulm

9. Waseca

10. Glencoe

11. Marshall