Housing costs in Eagle Lake?
A typical home costs
$296,300, which is 12.4% less expensive than the national average of
$338,100 and 4.3% 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 24.2% more than the national average of
$1,240 and 31.2% more than the state average of
$1,060.
Can I afford Eagle Lake?
To live comfortably in Eagle Lake (zip 56024), Minnesota, a minimum annual income of
$56,880 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 (56024) is relatively affordable compared to other cities in the area. The median house price is $179,000, which is about 12% lower than the Minnesota average, and the cost of renting a home or apartment in Eagle Lake tends to be around 10-20% lower than the state average. Groceries, transportation, and utilities also tend to be less expensive than other areas in Minnesota. Overall, Eagle Lake offers an easy, convenient lifestyle with a low cost of living that makes it attractive for many people.