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Lake Odessa, MI vs Rockford, MI

66
Lake Odessa
Michigan
VS
-26.5%
90
Rockford
Michigan

There is a significant gap in the cost of living between these two cities. Lake Odessa is 26.5% cheaper than Rockford. With a cost index of 66 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Odessa to Rockford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Odessa is $688/month compared to $1,088/month in Rockford — a 37% difference. Home values follow the same pattern: Lake Odessa is more affordable at $150,300 median vs $294,800.

Median household income in Lake Odessa is $71,157 compared to $100,156 in Rockford (-29%). While Rockford 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 Odessa spend roughly 11.6% of their income on rent, less than the 13% in Rockford.

Income & Cost

Cost of Living Index
Lake Odessa
66
27% cheaper
Rockford
90
Median Household Income
Lake Odessa
$71,157
Rockford
$100,156
29% higher

Housing

Median Rent
Lake Odessa
$688
37% cheaper
Rockford
$1,088
Median Home Value
Lake Odessa
$150,300
49% cheaper
Rockford
$294,800
Population
Lake Odessa
2,174
Rockford
6,162

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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