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Chums Corner, MI vs Lake Orion, MI

95
Chums Corner
Michigan
VS
+10.3%
86
Lake Orion
Michigan

Lake Orion is moderately more affordable than Chums Corner, with a 10.3% lower cost of living index. Chums Corner scores 95 compared to 86 for Lake Orion, where the US average is 100. This difference means residents of Chums Corner can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Chums Corner are $279,200 compared to $346,700 in Lake Orion, a 20% gap.

Median household income in Chums Corner is $72,933 compared to $98,871 in Lake Orion (-26.2%). Lake Orion 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
Chums Corner
95
Lake Orion
86
9% cheaper
Median Household Income
Chums Corner
$72,933
Lake Orion
$98,871
26% higher

Housing

Median Rent
Chums Corner
Lake Orion
$757
Median Home Value
Chums Corner
$279,200
19% cheaper
Lake Orion
$346,700
Population
Chums Corner
1,012
Lake Orion
2,873

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chums Corner $2.88
Lake Orion $3.00
US $3.07
🥚
Eggs (grade A, large)
Chums Corner $2.35
Lake Orion $2.45
US $2.50
🥛
Milk (whole)
Chums Corner $3.79
Lake Orion $3.94
US $4.03
🍞
Bread (white)
Chums Corner $1.74
Lake Orion $1.81
US $1.85
🍗
Chicken breast
Chums Corner $3.90
Lake Orion $4.06
US $4.14
Electricity
Chums Corner $0.17
Lake Orion $0.20
US $0.19