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Essexville, MI vs Lawrence, MI

63
Essexville
Michigan
VS
+6.2%
59
Lawrence
Michigan

Lawrence is moderately more affordable than Essexville, with a 6.2% lower cost of living index. Essexville scores 63 compared to 59 for Lawrence, where the US average is 100. This difference means residents of Essexville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Essexville is $707/month compared to $586/month in Lawrence — a 21% difference. Home values follow the same pattern: Lawrence is more affordable at $106,700 median vs $121,200.

Median household income in Essexville is $76,182 compared to $36,188 in Lawrence (+110.5%). While Essexville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Essexville spend roughly 11.1% of their income on rent, less than the 19.4% in Lawrence.

Income & Cost

Cost of Living Index
Essexville
63
Lawrence
59
6% cheaper
Median Household Income
Essexville
$76,182
52% higher
Lawrence
$36,188

Housing

Median Rent
Essexville
$707
Lawrence
$586
17% cheaper
Median Home Value
Essexville
$121,200
Lawrence
$106,700
12% cheaper
Population
Essexville
3,344
Lawrence
1,186

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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