Chesaning, MI vs Lyons, MI
There is a significant gap in the cost of living between these two cities. Chesaning is 17.2% cheaper than Lyons. With a cost index of 62 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chesaning to Lyons should plan for substantially higher expenses across most categories.
On the housing front, median rent in Chesaning is $679/month compared to $1,070/month in Lyons — a 37% difference. Interestingly, home values tell a different story: while Chesaning has cheaper rent, Lyons actually has lower median home values ($112,500 vs $123,900).
Median household income in Chesaning is $57,426 compared to $67,054 in Lyons (-14.4%). The higher salaries in Lyons partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chesaning spend roughly 14.2% of their income on rent, less than the 19.1% in Lyons.
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