Preheat oven to 350°.
Mix the cinnamon and sugar in a small bowl and set it aside.
Cut or break bagels into small pieces.
Spray 4 ramekins with non-stick cooking spray.
Divide the bagels among the ramekins.
Mix the eggs and cream cheese with a fork. (It's fine if there are still small pieces of cream cheese in the mix.)
Add milk, vanilla extract, nutmeg, and a pinch of salt and stir until mixed.
Divide the egg mixture evenly among the four ramekins filled with bagel pieces.
Divide the raisin among the four ramekins.
Sprinkle the top of the bread puddings with cinnamon sugar.
Bake for 30-35 minutes.