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The 10 Best Assisted Living Facilities in Faribault, MN for 2024

 

Faribault offers a historic downtown district, scenic parks and cultural amenities for residents and visitors of all ages, fostering a welcoming environment for seniors seeking long-term care. This community has about 25,000 residents, 17% of whom are seniors, and may be a good retirement option for those seeking affordable health care and comfortable weather. One hospital is located in this city, along with several assisted living facilities, to support the health of older adults.

Assisted living facilities are for those who don’t need the intensive care nursing homes provide but are seeking a low-maintenance environment where they can get help with daily activities. These facilities provide services such as personal care, meal preparation and housekeeping, along with social and recreational activities throughout the week to promote an active lifestyle. On average, seniors in Faribault pay $3,135 per month for this level of care, which is significantly lower than Minnesota’s average rate of $4,508 and the national norm of $4,500.

This guide provides more details on how assisted living rates in Faribault compare to care costs in other communities. It also highlights some local resources that can help seniors find ways to pay for care.

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Assisted Living Facilities in Faribault, Minnesota

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What to Consider About Assisted Living in Faribault

The Minnesota Department of Health, Health Regulation Division, licenses all assisted living facilities in Faribault. This department has a stringent licensing process to promote a high standard of care and conducts routine inspections to ensure ongoing compliance with rules. It also publishes information on residents’ rights and provides an online portal for filing complaints against local facilities. 

Benefits and Drawbacks of Assisted Living in Faribault

 

  • Allina Health Faribault Medical Center is located in Faribault proper and offers a range of inpatient and outpatient services, including 24-hour emergency care. This facility is affiliated with the Allina Health Cancer Institute and has over 100 doctors across numerous specializations. On average, health care costs in Faribault are about 13% lower than the U.S. average, making the city an attractive option for those managing chronic conditions.
  • Minnesota is among the few states in the nation that taxes all forms of retirement income, including Social Security benefits. Fortunately, the state has a deduction of up to $9,600 for single filers, or $12,000 for married filers, who are at least 65 years old. This deduction can leave more money available for budgeting toward assisted living expenses.
  • On a 10-point comfort index, Faribault ranks 9.1, indicating that its weather is generally pleasant throughout the year. Winters tend to be very cold with nighttime temperatures in the single digits, and the city gets 45 inches of annual snowfall. Summers are mild, however, with daytime temperatures in the low-80s and low humidity levels. To help seniors remain active year-round and avoid boredom in the winter months, assisted living facilities typically provide indoor and outdoor activities.
  • Property crime is slightly more prevalent in Faribault than in a typical U.S. city, but violent crime is comparatively rare, which may appeal to active seniors. On a 100-point index, the city’s property crime score is 40.4 and the violent crime rating is 16.9, versus the respective national scores of 35.4 and 22.7. For that reason, assisted living may be an attractive alternative to living alone for those concerned about property crime.
  • Faribault’s low cost of living is one of its most appealing features for retirees living on fixed incomes. On a cost of living index based on a national norm of 100, the city scores 87.3, about 10 points lower than Minnesota’s norm. In general, residents pay less than the national average costs for expenses such as housing, health care, transportation and utilities, which may result in competitive assisted living costs.

Paying for Assisted Living in Faribault

 

In Faribault, assisted living residents typically pay $3,135 per month for care.

The Cost of Assisted Living in Nearby Cities

With monthly fees at $3,135, Faribault is among the most affordable places in the state and nation for care. By comparison, state and national rates exceed the local norm by about 36%, and all surveyed cities in Minnesota have higher average care costs. For example, in St. Cloud, monthly fees come in at $4,100, and in Rochester, seniors pay about $1,000 more for care than assisted living residents in Faribault. In Duluth, monthly rates average $5,000, and in Minneapolis, fees exceed the norm in Faribault by about 50%.

Faribault

$3,135

Minnesota

$4,508

United States

$4,500

Rochester

$4,180

Minneapolis

$5,163

St. Cloud

$4,100

Duluth

$5,000

The Cost of Other Types of Senior Care

Assisted living is one of the most cost-effective senior care options in Faribault, with facilities charging about $3,135 per month for care. This offers a monthly savings of nearly 2,600 over the cost of in-home care, which doesn’t include housing, and it’s about $4,500 less than the cost of specialized home health care. Similarly, nursing home rates significantly exceed the cost of assisted living at $10,246 per month. While seniors may save about $440 on care costs by opting for adult day health care as an alternative to assisted living, this option doesn’t include housing.

In-Home Care

$5,720

Home Health Care

$7,627

Adult Day Health Care

$2,694

Assisted Living Facility

$3,135

Nursing Home Facility (semiprivate room)

$10,246

Note: Data for Faribault was unavailable, so data for the nearest city, Mankato, was used instead.

Financial Assistance for Assisted Living in Faribault

Seniors in Faribault who meet income and asset guidelines may receive financial assistance for assisted living services through the Medicaid program's Elderly Waiver or the Minnesota Consumer Support Grant program.  

Learn more about these programs, plus who’s eligible, on our Assisted Living in Minnesota page.

Financial Assistance in Minnesota

More Ways to Pay for Assisted Living

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

  • Veterans Benefits
  • Life Insurance Policy
  • Long-Term Care Insurance
  • Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in Minnesota page.

Free Assisted Living Resources in Faribault

Faribault and the surrounding area are home to numerous government agencies and non-profit organizations offering help for seniors searching for or currently residing in an assisted living community. These organizations can also provide assistance in a number of other eldercare services such as geriatric care management, elder law advice, estate planning, finding home care and health and wellness programs.

To see a list of free assisted living resources in Faribault, please visit our Assisted Living in Minnesota page.

Assisted Living Laws and Regulations in Faribault

 

Faribault Assisted Living Communities must adhere to the comprehensive set of state laws and regulations that all Assisted Living Facilities in Minnesota are required to follow. Visit our Assisted Living in Minnesota page for more information about these laws.

Laws and Regulations in Minnesota

Reviews of Communities Nearby

Assisted Living

Earl

I am a friend or relative of a current/past resident

Review of Mill City Senior Living

I've got a friend at Mill City Senior Living and she's got a one-bedroom apartment in assisted living. Her package includes meals and they've got 24-hour nurses available and so forth. They also...

Read more

Assisted Living

Julie

I visited this facility

Review of Brookdale Faribault

We looked at the Brookdale Faribault. The facility was beautiful, and the staff was very friendly. They took time with us to answer our questions and to visit with us. We felt very at home there. I...

Read more

Assisted Living

Julie

I visited this facility

Review of Milestone Senior Living Faribault

We went to Milestone Senior Living Faribault. The staff was very friendly, took time to spend time with us and show us around. It's in a beautiful setting, and it's a rural setting with beautiful...

Provider response

Hi Julie, Thank you for taking the time to share your experience with us! We take pride in providing Red Carpet service and are thrilled to hear your positive feedback. The spectacular view is one...

Read more

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The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

Caring.com

Caring.com is a leading online destination for caregivers seeking information and support as they care for aging parents, spouses, and other loved ones. We offer thousands of original articles, helpful tools, advice from more than 50 leading experts, a community of caregivers, and a comprehensive directory of caregiving services.

 

The material on this site is for informational purposes only and is not a substitute for legal, financial, professional, or medical advice or diagnosis or treatment. By using our website, you agree to the Terms of Use and Privacy Policy

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