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Eagle Lake, MN vs Oak Grove, MN

94
Eagle Lake
Minnesota
VS
-28.5%
131
Oak Grove
Minnesota

There is a significant gap in the cost of living between these two cities. Eagle Lake is 28.5% cheaper than Oak Grove. With a cost index of 94 vs 131, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Eagle Lake to Oak Grove should plan for substantially higher expenses across most categories.

On the housing front, median rent in Eagle Lake is $1,405/month compared to $2,052/month in Oak Grove — a 32% difference. Home values follow the same pattern: Eagle Lake is more affordable at $249,600 median vs $394,100.

Median household income in Eagle Lake is $97,161 compared to $114,679 in Oak Grove (-15.3%). The higher salaries in Oak Grove 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, less than the 21.5% in Oak Grove.

Income & Cost

Cost of Living Index
Eagle Lake
94
28% cheaper
Oak Grove
131
Median Household Income
Eagle Lake
$97,161
Oak Grove
$114,679
15% higher

Housing

Median Rent
Eagle Lake
$1,405
32% cheaper
Oak Grove
$2,052
Median Home Value
Eagle Lake
$249,600
37% cheaper
Oak Grove
$394,100
Population
Eagle Lake
3,268
Oak Grove
9,031

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Eagle Lake $2.97
Oak Grove $3.20
US $3.07
🥚
Eggs (grade A, large)
Eagle Lake $2.43
Oak Grove $2.61
US $2.50
🥛
Milk (whole)
Eagle Lake $3.91
Oak Grove $4.21
US $4.03
🍞
Bread (white)
Eagle Lake $1.79
Oak Grove $1.93
US $1.85
🍗
Chicken breast
Eagle Lake $4.02
Oak Grove $4.33
US $4.14
Electricity
Eagle Lake $0.17
Oak Grove $0.17
US $0.19