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Ida, MI vs Lake Ann, MI

90
Ida
Michigan
VS
-6.1%
96
Lake Ann
Michigan

Ida is moderately more affordable than Lake Ann, with a 6.1% lower cost of living index. Ida scores 90 compared to 96 for Lake Ann, where the US average is 100. This difference means residents of Lake Ann can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Ida are $209,700 compared to $329,400 in Lake Ann, a 36% gap.

Median household income in Ida is $122,885 compared to $87,500 in Lake Ann (+40.4%). Ida offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Ida
90
6% cheaper
Lake Ann
96
Median Household Income
Ida
$122,885
29% higher
Lake Ann
$87,500

Housing

Median Rent
Ida
Lake Ann
$1,219
Median Home Value
Ida
$209,700
36% cheaper
Lake Ann
$329,400
Population
Ida
661
Lake Ann
235

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ida $2.88
Lake Ann $2.88
US $3.07
🥚
Eggs (grade A, large)
Ida $2.35
Lake Ann $2.35
US $2.50
🥛
Milk (whole)
Ida $3.79
Lake Ann $3.79
US $4.03
🍞
Bread (white)
Ida $1.74
Lake Ann $1.74
US $1.85
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Chicken breast
Ida $3.90
Lake Ann $3.90
US $4.14
Electricity
Ida $0.18
Lake Ann $0.17
US $0.19