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Gaylord, MI vs South Lyon, MI

72
Gaylord
Michigan
VS
-23%
94
South Lyon
Michigan

There is a significant gap in the cost of living between these two cities. Gaylord is 23% cheaper than South Lyon. With a cost index of 72 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gaylord to South Lyon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gaylord is $844/month compared to $1,208/month in South Lyon — a 30% difference. Home values follow the same pattern: Gaylord is more affordable at $170,300 median vs $280,900.

Median household income in Gaylord is $44,052 compared to $83,822 in South Lyon (-47.4%). 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 Gaylord spend roughly 23% of their income on rent, more than the 17.3% in South Lyon.

Income & Cost

Cost of Living Index
Gaylord
72
23% cheaper
South Lyon
94
Median Household Income
Gaylord
$44,052
South Lyon
$83,822
47% higher

Housing

Median Rent
Gaylord
$844
30% cheaper
South Lyon
$1,208
Median Home Value
Gaylord
$170,300
39% cheaper
South Lyon
$280,900
Population
Gaylord
4,307
South Lyon
11,825

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gaylord
South Lyon $3.00
US $3.07
🥚
Eggs (grade A, large)
Gaylord
South Lyon $2.45
US $2.50
🥛
Milk (whole)
Gaylord
South Lyon $3.94
US $4.03
🍞
Bread (white)
Gaylord
South Lyon $1.81
US $1.85
🍗
Chicken breast
Gaylord
South Lyon $4.06
US $4.14
Electricity
Gaylord
South Lyon $0.20
US $0.19