Caring.com
Caring.com

(800) 558-0653

Senior Living Advisor

Caring

Caring Chat
Caring Chat

Assisted Living Communities in Faribault, Minnesota

Our comprehensive listings and authentic reviews in Faribault, MN below include 55 Assisted Living facilities with...

Directory of Assisted Living in Faribault, MN

55 Results


Pets AllowedPhysical TherapyPool / Hot TubVeterans Benefits

Filters

55 Results

Sort By

Didn't find what you were looking for?

Caring's Family Advisors are here to help you with questions about senior living and care options.

Call us at (855) 948-3865

1

2

3

What you can do with Caring

  • Search the Caring database

    Quickly search the largest online senior living and senior care directory

  • Read reviews and expert guidance

    Read our authentic consumer reviews and content by experts

  • Speak to a Family Advisor for free

    Guided, expert advice to find the best community or agency for you

  • Take a tour to decide yourself

    We’ll help you book tours or get in touch with local agencies

The Cost of Assisted Living in Faribault, MN and 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

Paying for Assisted Living in Faribault

 

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

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.

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.

The Cost of Other Types of Senior Living in Faribault, MN

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.

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.

Reviews of Communities Nearby

Assisted Living

Reviewer#RD0903pa

I visited this facility

Review of Brookdale Faribault

Brookdale Faribault was a very nice place, but my loved ones were looking more for something like a small apartment-type thing rather than a room. Nevertheless, it's very nice and very homey. Nice...

Provider response

Our Community really focuses on the community spaces and we encourage our Residents to spend time out in the Community with their neighbors rather then be in their rooms, alone. We pride ourselves...

Read more

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

Helpful Articles

Assisted Living near Faribault, MN

NorthfieldOwatonnaWasecaFarmingtonLakevilleWest Concord

Other Options in Faribault, MN

Business Owners

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

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

Our Services

  • Senior Living Directory

  • Senior Care Directory

  • Caregiving Resources

  • Sitemap

  • Terms of Use

  • Privacy Policy


© 2024 Caring, LLC. All rights reserved.