Index Eagan Minnesota National
Cost of living index 112 102 100
Index Eagan Minnesota National
Goods & Services index 108 106 100
Groceries index 104 105 100
Health care index 106 110 100
Housing index 130 101 100
Transportation index 97 98 100
Utilities index 94 91 100

Cost of living is 9% higher than the state average
Cost of living is 12% higher than the national average
Cost of housing is 30% higher than the national average

Goods & Services

Item Eagan National avg. Difference
Haircut $24.91 $15.56 60.0%
Beauty Salon $33.76 $36.11 6.5%
Toothpaste $3.41 $2.47 37.8%
Shampoo $1.04 $0.96 7.8%
Movie $9.85 $10.13 2.8%
Bowling $4.06 $4.74 14.2%

Groceries

Item Eagan National avg. Difference
Ground Beef $4.07 $3.98 2.2%
Fried Chicken $1.94 $1.41 37.9%
Milk $2.17 $2.06 5.0%
Potatoes $3.19 $2.98 7.0%
Pizza $10.59 $9.47 11.8%
Beer $8.92 $8.79 1.4%

Health Care

Item Eagan National avg. Difference
Optometrist $81.20 $101.04 19.6%
Doctor $134.89 $107.44 25.5%
Dentist $87.31 $90.42 3.4%
Ibuprofen $11.78 $9.28 27.0%
Lipitor $406.73 $426.50 4.6%

Median Income & Debt-To-Income Ratio

Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
Owners $103,075 $8,590 $2,405 $3,093
Renters $50,835 $4,236 $1,186 $1,525

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Eagan, MN as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Eagan, MN homeowners, is $103,075. This would allow for a maximum of $2,405 per month to be spent on housing costs. For renters, the median monthly income is $50,835 which would result in a maximum of $1,186 to be spent on rental costs.