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Lake LeAnn, MI vs Wayland, MI

94
Lake LeAnn
Michigan
VS
+13.3%
83
Wayland
Michigan

Wayland is moderately more affordable than Lake LeAnn, with a 13.3% lower cost of living index. Lake LeAnn scores 94 compared to 83 for Wayland, where the US average is 100. This difference means residents of Lake LeAnn can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lake LeAnn are $258,400 compared to $201,200 in Wayland, a 28% gap.

Median household income in Lake LeAnn is $85,417 compared to $71,797 in Wayland (+19%). While Lake LeAnn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Lake LeAnn
94
Wayland
83
12% cheaper
Median Household Income
Lake LeAnn
$85,417
16% higher
Wayland
$71,797

Housing

Median Rent
Lake LeAnn
Wayland
$1,085
Median Home Value
Lake LeAnn
$258,400
Wayland
$201,200
22% cheaper
Population
Lake LeAnn
1,522
Wayland
4,430

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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