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Hazel Park, MI vs Houghton Lake, MI

83
Hazel Park
Michigan
VS
+24%
67
Houghton Lake
Michigan

There is a significant gap in the cost of living between these two cities. Houghton Lake is 24% cheaper than Hazel Park. With a cost index of 67 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Houghton Lake to Hazel Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hazel Park is $1,221/month compared to $791/month in Houghton Lake — a 54% difference. Home values follow the same pattern: Houghton Lake is more affordable at $122,800 median vs $141,200.

Median household income in Hazel Park is $62,878 compared to $50,861 in Houghton Lake (+23.6%). The higher salaries in Hazel Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hazel Park spend roughly 23.3% of their income on rent, more than the 18.7% in Houghton Lake.

Income & Cost

Cost of Living Index
Hazel Park
83
Houghton Lake
67
19% cheaper
Median Household Income
Hazel Park
$62,878
19% higher
Houghton Lake
$50,861

Housing

Median Rent
Hazel Park
$1,221
Houghton Lake
$791
35% cheaper
Median Home Value
Hazel Park
$141,200
Houghton Lake
$122,800
13% cheaper
Population
Hazel Park
14,945
Houghton Lake
5,761

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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