Applegate, MI vs Lakeport, MI

Applegate is moderately more affordable than Lakeport, with a 13% lower cost of living index. Applegate scores 73 compared to 84 for Lakeport, where the US average is 100. This difference means residents of Lakeport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Applegate is $1,063/month compared to $1,162/month in Lakeport — a 9% difference. Home values follow the same pattern: Applegate is more affordable at $93,800 median vs $172,000.

Median household income in Applegate is $62,667 compared to $55,167 in Lakeport (+13.6%). Applegate offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Applegate spend roughly 20.4% of their income on rent, less than the 25.3% in Lakeport.