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Lake Orion, MI vs Howell, MI

86
Lake Orion
Michigan
VS
-2.7%
88
Howell
Michigan

Lake Orion, MI and Howell, MI have a very similar cost of living, with only a 2.7% difference in their overall index. Lake Orion scores 86 while Howell scores 88 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.

On the housing front, median rent in Lake Orion is $757/month compared to $1,121/month in Howell — a 33% difference. Interestingly, home values tell a different story: while Lake Orion has cheaper rent, Howell actually has lower median home values ($240,700 vs $346,700).

Median household income in Lake Orion is $98,871 compared to $57,122 in Howell (+73.1%). Lake Orion offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Orion spend roughly 9.2% of their income on rent, less than the 23.5% in Howell.

Income & Cost

Cost of Living Index
Lake Orion
86
3% cheaper
Howell
88
Median Household Income
Lake Orion
$98,871
42% higher
Howell
$57,122

Housing

Median Rent
Lake Orion
$757
32% cheaper
Howell
$1,121
Median Home Value
Lake Orion
$346,700
Howell
$240,700
31% cheaper
Population
Lake Orion
2,873
Howell
10,074

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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