Belgrade, MN vs Grey Eagle, MN
Grey Eagle is moderately more affordable than Belgrade, with a 10.4% lower cost of living index. Belgrade scores 63 compared to 57 for Grey Eagle, where the US average is 100. This difference means residents of Belgrade can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Belgrade is $647/month compared to $360/month in Grey Eagle — a 80% difference. Interestingly, home values tell a different story: while Grey Eagle has cheaper rent, Belgrade actually has lower median home values ($143,900 vs $178,000).
Median household income in Belgrade is $48,977 compared to $46,750 in Grey Eagle (+4.8%). Belgrade does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Belgrade spend roughly 15.9% of their income on rent, more than the 9.2% in Grey Eagle.
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