Eagle Lake, MN vs Mound, MN

Eagle Lake is moderately more affordable than Mound, with a 5.3% lower cost of living index. Eagle Lake scores 94 compared to 99 for Mound, where the US average is 100. This difference means residents of Mound can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eagle Lake is $1,405/month compared to $1,119/month in Mound — a 26% difference. Interestingly, home values tell a different story: while Mound has cheaper rent, Eagle Lake actually has lower median home values ($249,600 vs $348,600).

Median household income in Eagle Lake is $97,161 compared to $91,370 in Mound (+6.3%). Eagle Lake 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 14.7% in Mound.