Eagle Lake, MN vs Lake St. Croix Beach, MN

Eagle Lake, MN and Lake St. Croix Beach, MN have a very similar cost of living, with only a 0.7% difference in their overall index. Eagle Lake scores 94 while Lake St. Croix Beach scores 93 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Eagle Lake is $1,405/month compared to $963/month in Lake St. Croix Beach — a 46% difference. Interestingly, home values tell a different story: while Lake St. Croix Beach has cheaper rent, Eagle Lake actually has lower median home values ($249,600 vs $334,600).

Median household income in Eagle Lake is $97,161 compared to $100,134 in Lake St. Croix Beach (-3%). Lake St. Croix Beach offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eagle Lake spend roughly 17.4% of their income on rent, more than the 11.5% in Lake St. Croix Beach.