Eagle Lake, MN vs Cokato, MN: Cost of Living

Which city costs less?

Cokato, MN has a modeled overall cost index 4.6% higher than Eagle Lake, MN.

Eagle Lake, MN · modeled 2BR rent
$1,560 / month
Cokato, MN · modeled 2BR rent
$1,520 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Eagle Lake, MN and Cokato, MN using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $293/month in Cokato, MN

$150,000 in your current city has a modeled equivalent of $153,512 in Cokato, MN

Regional cost estimates: Eagle Lake, MN uses Minneapolis, MN. Cokato, MN uses Minneapolis, MN. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 4.6%
More expensive
Monthly Impact
$293
Extra cost
Annual Impact
$3.5K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Eagle Lake, MN

Population:3K
Cost Index:
90.1
100 = national average
Typical Home:$328K

Cokato, MN

Population:3K
Cost Index:
94.3
100 = national average
Typical Home:$316K

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Eagle Lake, MN

The North Star State

3K
Population
State Tax
Yes

Located in Minnesota, this city has a population of 3K residents.

Cokato, MN

The North Star State

3K
Population
State Tax
Yes

Located in Minnesota, this city has a population of 3K residents.

Cost Breakdown by Category

Estimated monthly spending: Eagle Lake, MN vs Cokato, MN

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↑ 4.6%
Eagle Lake, MN
$2,313
Cokato, MN
$2,420
Difference
$107
more
Other
↑ 4.6%
Eagle Lake, MN
$1,625
Cokato, MN
$1,700
Difference
$75.03
more
Transportation
↑ 4.6%
Eagle Lake, MN
$1,263
Cokato, MN
$1,322
Difference
$58.33
more
Groceries
↑ 2.3%
Eagle Lake, MN
$1,032
Cokato, MN
$1,055
Difference
$23.55
more
Healthcare
↑ 2.3%
Eagle Lake, MN
$758
Cokato, MN
$775
Difference
$17.30
more
All Utilities
↑ 2.3%
Eagle Lake, MN
$509
Cokato, MN
$521
Difference
$11.63
more

🏠Rent Comparison

Studio
From$1,290
To$1,100
↓ $190
1 Bed
From$1,300
To$1,250
↓ $50.00
2 Bed
From$1,560
To$1,520
↓ $40.00
3 Bed
From$2,170
To$2,020
↓ $150
Eagle Lake, MNZIP-level data

1BR range: $1,300–$1,300/mo

Cokato, MNZIP-level data

1BR range: $1,250–$1,250/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Eagle Lake, MN
$7,793
Monthly in Cokato, MN
$293
Difference

Home Values

Eagle Lake
Cokato
$328K
Median Value
$316K
↑ +4.5%
YoY Change
↑ +3.2%
↑ +34.4%
5-Year Change
↑ +32.3%

Homes in Cokato are 4% less expensive than Eagle Lake

Calculate payment - Eagle LakeCalculate payment - Cokato

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
→ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Eagle Lake, MN

Federal Income Tax
Effective: 18.9%
$25.5K
Minnesota State Tax
Effective: 7.0%
$10.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.6%
$47.4K
Take-Home Pay
$8,546/month
$102.6K

Cokato, MN

Federal Income Tax
Effective: 18.9%
$25.5K
Minnesota State Tax
Effective: 7.0%
$10.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.6%
$47.4K
Take-Home Pay
$8,546/month
$102.6K

Additional Tax Information

Eagle Lake, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

Cokato, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Eagle Lake
Cokato
42 Good
Air Quality
42 Good
66.4%
Good Air Days
66.4%
98 High
Climate Risk
98 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
▲+3.6°F
2050 Outlook
▲+3.6°F
14 days
Heat Days >95°F
14 days
▲+3.6°F
2050 Outlook
▲+3.6°F
14 days
Heat Days >95°F
14 days

Before moving from Eagle Lake, MN to Cokato, MN

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Cokato, MN for the same bedroom count and included utilities as your home in Eagle Lake, MN. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Eagle Lake to Cokato moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Cokato, MN by cost, housing, population and region.

Frequently Asked Questions: Eagle Lake, MN vs Cokato, MN

How do the cost estimates for Eagle Lake, MN and Cokato, MN compare?

Cokato, MN has a modeled overall cost index 4.6% higher than Eagle Lake, MN. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Eagle Lake, MN, the model estimates $153,512 in Cokato, MN. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Eagle Lake, MN and Cokato, MN?

The modeled two-bedroom rents are $1,560/month in Eagle Lake, MN and $1,520/month in Cokato, MN. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

Where your money goes further

Cities cheaper than Eagle Lake, MN on a $150.0K salary

1.St. Louis, MO
Save $142/mo
2.Indianapolis, IN
Save $113/mo

Similar cost to Cokato, MN

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