Eagan, MN

Above Avg · 116

Minnesota · Population 68,158 · Updated March 2026

$1,604
Median Rent / Month
$107,486
Median Income
$380,800
Median Home Value
$1,586
Owner Costs / Month

Affordability

How far your income goes in Eagan

17.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Minnesota

State-level tax rates that affect your costs

9.85%
Income Tax (Top Rate)
6.875%
Sales Tax
1.11%
Property Tax Rate

Estimated Annual Costs

$19,248
Annual Rent
$10,587
State Income Tax
$4,227
Property Tax (est.)

Cost of Living Overview

Eagan is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 116 (where 100 equals the national median), Eagan residents can expect to pay median rent of $1,604/month while earning a median household income of $107,486/year.

The median home value in Eagan, MN is $380,800, with typical monthly owner costs around $1,586 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Minnesota's top income tax rate of 9.85% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.875% sales tax rate and 1.11% effective property tax rate, the overall tax environment is a factor in the total cost of living in Eagan.

Frequently Asked Questions

Common questions about living costs in Eagan

What is the cost of living in Eagan, MN?
The cost of living index in Eagan, MN is 116 (US average = 100). Median monthly rent is $1,604, median household income is $107,486/year, and the median home value is $380,800.
Is Eagan, MN affordable?
No, Eagan is more expensive than the national average with a cost index of 116. The rent-to-income ratio is 17.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Eagan, MN?
The median gross rent in Eagan, MN is $1,604 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,248.
What is the median household income in Eagan?
The median household income in Eagan, MN is $107,486 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Minnesota?
Minnesota has a top income tax rate of 9.85%, a sales tax of 6.875%, and an effective property tax rate of 1.11%.