Hillman, MI vs Lake Odessa, MI

Hillman is moderately more affordable than Lake Odessa, with a 8.7% lower cost of living index. Hillman scores 61 compared to 66 for Lake Odessa, where the US average is 100. This difference means residents of Lake Odessa can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hillman is $665/month compared to $688/month in Lake Odessa — a 3% difference. Home values follow the same pattern: Hillman is more affordable at $93,200 median vs $150,300.

Median household income in Hillman is $41,000 compared to $71,157 in Lake Odessa (-42.4%). While Lake Odessa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hillman spend roughly 19.5% of their income on rent, more than the 11.6% in Lake Odessa.