Grand Haven, MI vs Lathrup Village, MI

There is a significant gap in the cost of living between these two cities. Grand Haven is 19.3% cheaper than Lathrup Village. With a cost index of 82 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grand Haven to Lathrup Village should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grand Haven is $961/month compared to $1,497/month in Lathrup Village — a 36% difference. Home values follow the same pattern: Grand Haven is more affordable at $242,400 median vs $270,900.

Median household income in Grand Haven is $60,665 compared to $99,286 in Lathrup Village (-38.9%). While Lathrup Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grand Haven spend roughly 19% of their income on rent, more than the 18.1% in Lathrup Village.