Cost of living in Eagan research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Eagan is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Eagan is 112, with 100 being the average.
The cost of living index in Eagan is 1.1x higher than the national average.
Eagan ranks as the #113 cheapest in Minnesota out of 147.
Eagan ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Eagan is $312,100.
The median income in Eagan is $98,503.
According to the most recent data on the cost of living, Eagan has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Eagan has a cost of living index that's 1.2x higher than Minnesota's index of 95.
The standard of living in Eagan ranks as #113 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Eagan ranks as the #34 most expensive place in the North Star State.
For more reading on life in Eagan, check out:
Six factors go into calculating the cost of living index in Eagan. Here is how it fairs on each of the criteria:
The Services index in Eagan is 115.
The Groceries index in Eagan is 103.
The Health index in Eagan is 103.
The Housing index in Eagan is 131.
The Transportation index in Eagan is 103.
The Utilities index in Eagan is 98.
|Living Expense||Eagan||Minnesota||National Average|
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Eagan is $312,100.
The Median Rent in Eagan is $1,358.
The Median Income in Eagan is $98,503.
The Home Value To Income in Eagan is 3.2x.
The Rent To Monthly Income in Eagan is 0.17x.
|Median Home Value||$312,100||$250,200||$244,900|
|Home Value To Income||3.2x||3.2x||3.5x|
|Rent To Monthly Income||0.17x||0.17x||0.2x|
The cost of living varies in the cities and towns around Eagan. Here's a quick look at the cost of living in the most populous nearby places:
Woodbury, MN has a cost of living index of 122, 1.1x Eagan.
Lakeville, MN has a cost of living index of 116, 1.0x Eagan.
Eden Prairie, MN has a cost of living index of 121, 1.1x Eagan.
|City||Population||Cost Of Living||Vs. Eagan|
|Eden Prairie, MN||64,048||121||1.1x|
|Apple Valley, MN||55,237||112||1.0x|
|Inver Grove Heights, MN||35,539||106||0.9x|