Eastpointe, MI vs South Lyon, MI
Eastpointe is moderately more affordable than South Lyon, with a 9.1% lower cost of living index. Eastpointe scores 85 compared to 94 for South Lyon, where the US average is 100. This difference means residents of South Lyon can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Eastpointe is $1,335/month compared to $1,208/month in South Lyon — a 11% difference. Interestingly, home values tell a different story: while South Lyon has cheaper rent, Eastpointe actually has lower median home values ($129,100 vs $280,900).
Median household income in Eastpointe is $58,196 compared to $83,822 in South Lyon (-30.6%). While South Lyon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eastpointe spend roughly 27.5% of their income on rent, more than the 17.3% in South Lyon.
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