Ida, MI vs Three Lakes, MI

Ida, MI and Three Lakes, MI have a very similar cost of living, with only a 4.5% difference in their overall index. Ida scores 90 while Three Lakes scores 94 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Ida are $209,700 compared to $258,300 in Three Lakes, a 19% gap.

Median household income in Ida is $122,885 compared to $105,833 in Three Lakes (+16.1%). Ida offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.