Eagle Lake, MN vs Little Falls, MN

There is a significant gap in the cost of living between these two cities. Little Falls is 29.7% cheaper than Eagle Lake. With a cost index of 72 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Little Falls to Eagle Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eagle Lake is $1,405/month compared to $740/month in Little Falls — a 90% difference. Home values follow the same pattern: Little Falls is more affordable at $198,100 median vs $249,600.

Median household income in Eagle Lake is $97,161 compared to $46,284 in Little Falls (+109.9%). While Eagle Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eagle Lake spend roughly 17.4% of their income on rent, less than the 19.2% in Little Falls.