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Belgrade, MN vs Grey Eagle, MN

63
Belgrade
Minnesota
VS
+10.4%
57
Grey Eagle
Minnesota

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.

Income & Cost

Cost of Living Index
Belgrade
63
Grey Eagle
57
9% cheaper
Median Household Income
Belgrade
$48,977
5% higher
Grey Eagle
$46,750

Housing

Median Rent
Belgrade
$647
Grey Eagle
$360
44% cheaper
Median Home Value
Belgrade
$143,900
19% cheaper
Grey Eagle
$178,000
Population
Belgrade
757
Grey Eagle
259

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Belgrade $2.97
Grey Eagle $2.97
US $3.07
🥚
Eggs (grade A, large)
Belgrade $2.43
Grey Eagle $2.43
US $2.50
🥛
Milk (whole)
Belgrade $3.91
Grey Eagle $3.91
US $4.03
🍞
Bread (white)
Belgrade $1.79
Grey Eagle $1.79
US $1.85
🍗
Chicken breast
Belgrade $4.02
Grey Eagle $4.02
US $4.14
Electricity
Belgrade $0.17
Grey Eagle $0.17
US $0.19