Eagle Lake, MN vs Fairfax, MN

The cost of living difference between Eagle Lake, MN and Fairfax, MN is dramatic. Fairfax is 82.8% cheaper than Eagle Lake, a gap that translates to thousands of dollars per year in household expenses. Eagle Lake has a cost index of 94 while Fairfax sits at 51, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Eagle Lake is $1,405/month compared to $410/month in Fairfax — a 243% difference. Home values follow the same pattern: Fairfax is more affordable at $99,800 median vs $249,600.

Median household income in Eagle Lake is $97,161 compared to $53,750 in Fairfax (+80.8%). The higher salaries in Eagle Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Eagle Lake spend roughly 17.4% of their income on rent, more than the 9.2% in Fairfax.