Clio, MI vs Lakeport, MI

There is a significant gap in the cost of living between these two cities. Clio is 23.5% cheaper than Lakeport. With a cost index of 64 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clio to Lakeport should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clio is $753/month compared to $1,162/month in Lakeport — a 35% difference. Home values follow the same pattern: Clio is more affordable at $119,100 median vs $172,000.

Median household income in Clio is $50,678 compared to $55,167 in Lakeport (-8.1%). Lakeport does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Clio spend roughly 17.8% of their income on rent, less than the 25.3% in Lakeport.