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Lakeport, MI vs West Branch, MI

84
Lakeport
Michigan
VS
+23.2%
68
West Branch
Michigan

There is a significant gap in the cost of living between these two cities. West Branch is 23.2% cheaper than Lakeport. With a cost index of 68 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from West Branch to Lakeport should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lakeport is $1,162/month compared to $847/month in West Branch — a 37% difference. Home values follow the same pattern: West Branch is more affordable at $114,300 median vs $172,000.

Median household income in Lakeport is $55,167 compared to $40,078 in West Branch (+37.6%). While Lakeport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lakeport spend roughly 25.3% of their income on rent, less than the 25.4% in West Branch.

Income & Cost

Cost of Living Index
Lakeport
84
West Branch
68
19% cheaper
Median Household Income
Lakeport
$55,167
27% higher
West Branch
$40,078

Housing

Median Rent
Lakeport
$1,162
West Branch
$847
27% cheaper
Median Home Value
Lakeport
$172,000
West Branch
$114,300
34% cheaper
Population
Lakeport
746
West Branch
2,177

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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