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Cass City, MI vs Lakeport, MI

61
Cass City
Michigan
VS
-27.6%
84
Lakeport
Michigan

There is a significant gap in the cost of living between these two cities. Cass City is 27.6% cheaper than Lakeport. With a cost index of 61 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cass City to Lakeport should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cass City is $638/month compared to $1,162/month in Lakeport — a 45% difference. Home values follow the same pattern: Cass City is more affordable at $102,300 median vs $172,000.

Median household income in Cass City is $55,500 compared to $55,167 in Lakeport (+0.6%). Cass 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 Cass City spend roughly 13.8% of their income on rent, less than the 25.3% in Lakeport.

Income & Cost

Cost of Living Index
Cass City
61
28% cheaper
Lakeport
84
Median Household Income
Cass City
$55,500
1% higher
Lakeport
$55,167

Housing

Median Rent
Cass City
$638
45% cheaper
Lakeport
$1,162
Median Home Value
Cass City
$102,300
41% cheaper
Lakeport
$172,000
Population
Cass City
2,189
Lakeport
746

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cass City
Lakeport $3.00
US $3.07
🥚
Eggs (grade A, large)
Cass City
Lakeport $2.45
US $2.50
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Milk (whole)
Cass City
Lakeport $3.94
US $4.03
🍞
Bread (white)
Cass City
Lakeport $1.81
US $1.85
🍗
Chicken breast
Cass City
Lakeport $4.06
US $4.14
Electricity
Cass City
Lakeport $0.20
US $0.19