Eagle Lake, MN vs Waseca, MN

There is a significant gap in the cost of living between these two cities. Waseca is 28.5% cheaper than Eagle Lake. With a cost index of 73 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waseca 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 $796/month in Waseca — a 77% difference. Home values follow the same pattern: Waseca is more affordable at $185,600 median vs $249,600.

Median household income in Eagle Lake is $97,161 compared to $61,546 in Waseca (+57.9%). 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, more than the 15.5% in Waseca.