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Lake Fenton, MI vs Trowbridge Park, MI

106
Lake Fenton
Michigan
VS
+20.6%
88
Trowbridge Park
Michigan

There is a significant gap in the cost of living between these two cities. Trowbridge Park is 20.6% cheaper than Lake Fenton. With a cost index of 88 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Trowbridge Park to Lake Fenton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Fenton is $1,343/month compared to $1,191/month in Trowbridge Park — a 13% difference. Home values follow the same pattern: Trowbridge Park is more affordable at $227,200 median vs $372,800.

Median household income in Lake Fenton is $112,676 compared to $63,176 in Trowbridge Park (+78.4%). While Lake Fenton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Fenton spend roughly 14.3% of their income on rent, less than the 22.6% in Trowbridge Park.

Income & Cost

Cost of Living Index
Lake Fenton
106
Trowbridge Park
88
17% cheaper
Median Household Income
Lake Fenton
$112,676
44% higher
Trowbridge Park
$63,176

Housing

Median Rent
Lake Fenton
$1,343
Trowbridge Park
$1,191
11% cheaper
Median Home Value
Lake Fenton
$372,800
Trowbridge Park
$227,200
39% cheaper
Population
Lake Fenton
6,168
Trowbridge Park
2,271

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake Fenton $3.00
Trowbridge Park
US $3.07
🥚
Eggs (grade A, large)
Lake Fenton $2.45
Trowbridge Park
US $2.50
🥛
Milk (whole)
Lake Fenton $3.94
Trowbridge Park
US $4.03
🍞
Bread (white)
Lake Fenton $1.81
Trowbridge Park
US $1.85
🍗
Chicken breast
Lake Fenton $4.06
Trowbridge Park
US $4.14
Electricity
Lake Fenton $0.20
Trowbridge Park
US $0.19