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Harvey, MI vs Lakeview, MI

78
Harvey
Michigan
VS
+26.7%
61
Lakeview
Michigan

There is a significant gap in the cost of living between these two cities. Lakeview is 26.7% cheaper than Harvey. With a cost index of 61 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lakeview to Harvey should plan for substantially higher expenses across most categories.

On the housing front, median rent in Harvey is $835/month compared to $507/month in Lakeview — a 65% difference. Home values follow the same pattern: Lakeview is more affordable at $152,900 median vs $235,600.

Median household income in Harvey is $75,188 compared to $30,865 in Lakeview (+143.6%). While Harvey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Harvey spend roughly 13.3% of their income on rent, less than the 19.7% in Lakeview.

Income & Cost

Cost of Living Index
Harvey
78
Lakeview
61
21% cheaper
Median Household Income
Harvey
$75,188
59% higher
Lakeview
$30,865

Housing

Median Rent
Harvey
$835
Lakeview
$507
39% cheaper
Median Home Value
Harvey
$235,600
Lakeview
$152,900
35% cheaper
Population
Harvey
3,080
Lakeview
1,049

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Harvey
Lakeview $2.88
US $3.07
🥚
Eggs (grade A, large)
Harvey
Lakeview $2.35
US $2.50
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Milk (whole)
Harvey
Lakeview $3.79
US $4.03
🍞
Bread (white)
Harvey
Lakeview $1.74
US $1.85
🍗
Chicken breast
Harvey
Lakeview $3.90
US $4.14
Electricity
Harvey
Lakeview $0.18
US $0.19