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Capac, MI vs New Lothrop, MI

70
Capac
Michigan
VS
+2%
69
New Lothrop
Michigan

Capac, MI and New Lothrop, MI have a very similar cost of living, with only a 2% difference in their overall index. Capac scores 70 while New Lothrop scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Capac is $792/month compared to $750/month in New Lothrop — a 6% difference. Interestingly, home values tell a different story: while New Lothrop has cheaper rent, Capac actually has lower median home values ($141,300 vs $178,100).

Median household income in Capac is $61,000 compared to $78,500 in New Lothrop (-22.3%). New Lothrop offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Capac spend roughly 15.6% of their income on rent, more than the 11.5% in New Lothrop.

Income & Cost

Cost of Living Index
Capac
70
New Lothrop
69
2% cheaper
Median Household Income
Capac
$61,000
New Lothrop
$78,500
22% higher

Housing

Median Rent
Capac
$792
New Lothrop
$750
5% cheaper
Median Home Value
Capac
$141,300
21% cheaper
New Lothrop
$178,100
Population
Capac
1,903
New Lothrop
640

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Capac $3.00
New Lothrop $2.88
US $3.07
🥚
Eggs (grade A, large)
Capac $2.45
New Lothrop $2.35
US $2.50
🥛
Milk (whole)
Capac $3.94
New Lothrop $3.79
US $4.03
🍞
Bread (white)
Capac $1.81
New Lothrop $1.74
US $1.85
🍗
Chicken breast
Capac $4.06
New Lothrop $3.90
US $4.14
Electricity
Capac $0.20
New Lothrop $0.18
US $0.19