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Byron, MI vs Lake Leelanau, MI

75
Byron
Michigan
VS
-22.8%
97
Lake Leelanau
Michigan

There is a significant gap in the cost of living between these two cities. Byron is 22.8% cheaper than Lake Leelanau. With a cost index of 75 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Byron to Lake Leelanau should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Byron are $177,500 compared to $307,700 in Lake Leelanau, a 42% gap.

Median household income in Byron is $64,135 compared to $60,500 in Lake Leelanau (+6%). Byron offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Byron
75
23% cheaper
Lake Leelanau
97
Median Household Income
Byron
$64,135
6% higher
Lake Leelanau
$60,500

Housing

Median Rent
Byron
$950
Lake Leelanau
Median Home Value
Byron
$177,500
42% cheaper
Lake Leelanau
$307,700
Population
Byron
654
Lake Leelanau
223

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Byron $2.88
Lake Leelanau $2.88
US $3.07
🥚
Eggs (grade A, large)
Byron $2.35
Lake Leelanau $2.35
US $2.50
🥛
Milk (whole)
Byron $3.79
Lake Leelanau $3.79
US $4.03
🍞
Bread (white)
Byron $1.74
Lake Leelanau $1.74
US $1.85
🍗
Chicken breast
Byron $3.90
Lake Leelanau $3.90
US $4.14
Electricity
Byron $0.18
Lake Leelanau $0.17
US $0.19