Eagle Lake, MN Cost of Living


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Eagle Lake cost of living score
86.7
Less expensive
13.3% lower
than the US average
10.8% lower
than the Minnesota average
Eagle Lake, Minnesota gets a BestPlaces Cost of Living score of 86.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.3% lower than the U.S. average and 10.8% higher than the average for Minnesota.

Eagle Lake, MN

Housing costs in Eagle Lake?
A typical home costs $291,300, which is 13.8% less expensive than the national average of $338,100 and 5.9% less expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Eagle Lake costs $1,540 per month, which is 7.7% more than the national average of $1,430 and 19.5% more than the state average of $1,240.

Can I afford Eagle Lake?
To live comfortably in Eagle Lake, Minnesota, a minimum annual income of $55,800 for a family, and $49,200 for a single person is recommended.

What does A.I. say about Eagle Lake?
The cost of living in Eagle Lake, MN is quite reasonable. Home prices are relatively affordable, with the median home value at roughly $155,000. Additionally, groceries and other necessities are also reasonably priced, allowing for a comfortable lifestyle without breaking the bank. The cost of utilities is also lower than average while taxes are slightly higher than the national average. All in all, if you're looking for an affordable place to live with plenty of outdoor recreation opportunities to enjoy, Eagle Lake might be the perfect spot for you.
   Cost of living score
     CategoriesEagle LakeMinnesotaUnited States
  86.797.2100.0
  99.697.2100
  87.578.3100.0
  87.0102.9100.0
  $291,300$309,500$338,100
  96.0%95.7%100.0%
  71.396.4100.0
  100.6117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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