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Canadian Lakes, MI vs Chassell, MI

78
Canadian Lakes
Michigan
VS
+14.5%
68
Chassell
Michigan

Chassell is moderately more affordable than Canadian Lakes, with a 14.5% lower cost of living index. Canadian Lakes scores 78 compared to 68 for Chassell, where the US average is 100. This difference means residents of Canadian Lakes can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Canadian Lakes is $800/month compared to $711/month in Chassell — a 13% difference. Home values follow the same pattern: Chassell is more affordable at $170,700 median vs $258,900.

Median household income in Canadian Lakes is $69,069 compared to $55,417 in Chassell (+24.6%). While Canadian Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Canadian Lakes spend roughly 13.9% of their income on rent, less than the 15.4% in Chassell.

Income & Cost

Cost of Living Index
Canadian Lakes
78
Chassell
68
13% cheaper
Median Household Income
Canadian Lakes
$69,069
20% higher
Chassell
$55,417

Housing

Median Rent
Canadian Lakes
$800
Chassell
$711
11% cheaper
Median Home Value
Canadian Lakes
$258,900
Chassell
$170,700
34% cheaper
Population
Canadian Lakes
2,701
Chassell
905

Salary Equivalency Calculator

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