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Ida, MI vs Lake Leelanau, MI

90
Ida
Michigan
VS
-7.3%
97
Lake Leelanau
Michigan

Ida is moderately more affordable than Lake Leelanau, with a 7.3% lower cost of living index. Ida scores 90 compared to 97 for Lake Leelanau, where the US average is 100. This difference means residents of Lake Leelanau 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 $307,700 in Lake Leelanau, a 32% gap.

Median household income in Ida is $122,885 compared to $60,500 in Lake Leelanau (+103.1%). 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
7% cheaper
Lake Leelanau
97
Median Household Income
Ida
$122,885
51% higher
Lake Leelanau
$60,500

Housing

Median Rent
Ida
Lake Leelanau
Median Home Value
Ida
$209,700
32% cheaper
Lake Leelanau
$307,700
Population
Ida
661
Lake Leelanau
223

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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