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Dundee, MI vs Lake Isabella, MI

86
Dundee
Michigan
VS
+4.7%
82
Lake Isabella
Michigan

Dundee, MI and Lake Isabella, MI have a very similar cost of living, with only a 4.7% difference in their overall index. Dundee scores 86 while Lake Isabella scores 82 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 Dundee is $1,120/month compared to $1,139/month in Lake Isabella — a 2% difference. Interestingly, home values tell a different story: while Dundee has cheaper rent, Lake Isabella actually has lower median home values ($176,800 vs $233,000).

Median household income in Dundee is $71,058 compared to $76,923 in Lake Isabella (-7.6%). Lake Isabella offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dundee spend roughly 18.9% of their income on rent, more than the 17.8% in Lake Isabella.

Income & Cost

Cost of Living Index
Dundee
86
Lake Isabella
82
4% cheaper
Median Household Income
Dundee
$71,058
Lake Isabella
$76,923
8% higher

Housing

Median Rent
Dundee
$1,120
2% cheaper
Lake Isabella
$1,139
Median Home Value
Dundee
$233,000
Lake Isabella
$176,800
24% cheaper
Population
Dundee
5,584
Lake Isabella
1,931

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dundee $2.88
Lake Isabella
US $3.07
🥚
Eggs (grade A, large)
Dundee $2.35
Lake Isabella
US $2.50
🥛
Milk (whole)
Dundee $3.79
Lake Isabella
US $4.03
🍞
Bread (white)
Dundee $1.74
Lake Isabella
US $1.85
🍗
Chicken breast
Dundee $3.90
Lake Isabella
US $4.14
Electricity
Dundee $0.18
Lake Isabella
US $0.19