Frankfort, MI vs Lost Lake Woods, MI

Frankfort is moderately more affordable than Lost Lake Woods, with a 8.6% lower cost of living index. Frankfort scores 79 compared to 87 for Lost Lake Woods, where the US average is 100. This difference means residents of Lost Lake Woods can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Frankfort are $305,600 compared to $172,000 in Lost Lake Woods, a 78% gap.

Median household income in Frankfort is $51,813 compared to $69,375 in Lost Lake Woods (-25.3%). While Lost Lake Woods is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.