Gaylord, MI vs South Lyon, MI
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.
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