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Beulah, MI vs Lake City, MI

81
Beulah
Michigan
VS
+23.1%
66
Lake City
Michigan

There is a significant gap in the cost of living between these two cities. Lake City is 23.1% cheaper than Beulah. With a cost index of 66 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake City to Beulah should plan for substantially higher expenses across most categories.

On the housing front, median rent in Beulah is $525/month compared to $666/month in Lake City — a 21% difference. Interestingly, home values tell a different story: while Beulah has cheaper rent, Lake City actually has lower median home values ($157,500 vs $410,000).

Median household income in Beulah is $46,250 compared to $59,750 in Lake City (-22.6%). Lake City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beulah spend roughly 13.6% of their income on rent, more than the 13.4% in Lake City.

Income & Cost

Cost of Living Index
Beulah
81
Lake City
66
19% cheaper
Median Household Income
Beulah
$46,250
Lake City
$59,750
23% higher

Housing

Median Rent
Beulah
$525
21% cheaper
Lake City
$666
Median Home Value
Beulah
$410,000
Lake City
$157,500
62% cheaper
Population
Beulah
229
Lake City
669

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Beulah $2.88
Lake City
US $3.07
🥚
Eggs (grade A, large)
Beulah $2.35
Lake City
US $2.50
🥛
Milk (whole)
Beulah $3.79
Lake City
US $4.03
🍞
Bread (white)
Beulah $1.74
Lake City
US $1.85
🍗
Chicken breast
Beulah $3.90
Lake City
US $4.14
Electricity
Beulah $0.17
Lake City
US $0.19