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Holly, MI vs Lake Odessa, MI

78
Holly
Michigan
VS
+17.8%
66
Lake Odessa
Michigan

There is a significant gap in the cost of living between these two cities. Lake Odessa is 17.8% cheaper than Holly. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Odessa to Holly should plan for substantially higher expenses across most categories.

On the housing front, median rent in Holly is $974/month compared to $688/month in Lake Odessa — a 42% difference. Home values follow the same pattern: Lake Odessa is more affordable at $150,300 median vs $174,900.

Median household income in Holly is $61,221 compared to $71,157 in Lake Odessa (-14%). Lake Odessa offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Holly spend roughly 19.1% of their income on rent, more than the 11.6% in Lake Odessa.

Income & Cost

Cost of Living Index
Holly
78
Lake Odessa
66
15% cheaper
Median Household Income
Holly
$61,221
Lake Odessa
$71,157
14% higher

Housing

Median Rent
Holly
$974
Lake Odessa
$688
29% cheaper
Median Home Value
Holly
$174,900
Lake Odessa
$150,300
14% cheaper
Population
Holly
5,971
Lake Odessa
2,174

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Holly $3.00
Lake Odessa $2.88
US $3.07
🥚
Eggs (grade A, large)
Holly $2.45
Lake Odessa $2.35
US $2.50
🥛
Milk (whole)
Holly $3.94
Lake Odessa $3.79
US $4.03
🍞
Bread (white)
Holly $1.81
Lake Odessa $1.74
US $1.85
🍗
Chicken breast
Holly $4.06
Lake Odessa $3.90
US $4.14
Electricity
Holly $0.20
Lake Odessa $0.18
US $0.19