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Eaton Rapids, MI vs Lake Isabella, MI

73
Eaton Rapids
Michigan
VS
-11.2%
82
Lake Isabella
Michigan

Eaton Rapids is moderately more affordable than Lake Isabella, with a 11.2% lower cost of living index. Eaton Rapids scores 73 compared to 82 for Lake Isabella, where the US average is 100. This difference means residents of Lake Isabella can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eaton Rapids is $944/month compared to $1,139/month in Lake Isabella — a 17% difference. Home values follow the same pattern: Eaton Rapids is more affordable at $140,600 median vs $176,800.

Median household income in Eaton Rapids is $63,618 compared to $76,923 in Lake Isabella (-17.3%). While Lake Isabella is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eaton Rapids spend roughly 17.8% of their income on rent, less than the 17.8% in Lake Isabella.

Income & Cost

Cost of Living Index
Eaton Rapids
73
11% cheaper
Lake Isabella
82
Median Household Income
Eaton Rapids
$63,618
Lake Isabella
$76,923
17% higher

Housing

Median Rent
Eaton Rapids
$944
17% cheaper
Lake Isabella
$1,139
Median Home Value
Eaton Rapids
$140,600
20% cheaper
Lake Isabella
$176,800
Population
Eaton Rapids
5,197
Lake Isabella
1,931

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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