Houghton Lake, MI vs Stony Point, MI

There is a significant gap in the cost of living between these two cities. Houghton Lake is 16.1% cheaper than Stony Point. With a cost index of 67 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Houghton Lake to Stony Point should plan for substantially higher expenses across most categories.

On the housing front, median rent in Houghton Lake is $791/month compared to $999/month in Stony Point — a 21% difference. Home values follow the same pattern: Houghton Lake is more affordable at $122,800 median vs $205,400.

Median household income in Houghton Lake is $50,861 compared to $57,250 in Stony Point (-11.2%). The higher salaries in Stony Point partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Houghton Lake spend roughly 18.7% of their income on rent, less than the 20.9% in Stony Point.