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Free Soil, MI vs Lost Lake Woods, MI

67
Free Soil
Michigan
VS
-23.4%
87
Lost Lake Woods
Michigan

There is a significant gap in the cost of living between these two cities. Free Soil is 23.4% cheaper than Lost Lake Woods. With a cost index of 67 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Free Soil to Lost Lake Woods should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Free Soil are $91,000 compared to $172,000 in Lost Lake Woods, a 47% gap.

Median household income in Free Soil is $50,000 compared to $69,375 in Lost Lake Woods (-27.9%). While Lost Lake Woods is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Free Soil
67
23% cheaper
Lost Lake Woods
87
Median Household Income
Free Soil
$50,000
Lost Lake Woods
$69,375
28% higher

Housing

Median Rent
Free Soil
$867
Lost Lake Woods
Median Home Value
Free Soil
$91,000
47% cheaper
Lost Lake Woods
$172,000
Population
Free Soil
139
Lost Lake Woods
407

Salary Equivalency Calculator

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