Eagan, MN vs Elk River, MN

Elk River is moderately more affordable than Eagan, with a 13.3% lower cost of living index. Eagan scores 116 compared to 103 for Elk River, where the US average is 100. This difference means residents of Eagan can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eagan is $1,604/month compared to $1,269/month in Elk River — a 26% difference. Home values follow the same pattern: Elk River is more affordable at $338,300 median vs $380,800.

Median household income in Eagan is $107,486 compared to $99,457 in Elk River (+8.1%). The higher salaries in Eagan partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Eagan spend roughly 17.9% of their income on rent, more than the 15.3% in Elk River.