Lakes of the North, MI vs New Troy, MI

New Troy is moderately more affordable than Lakes of the North, with a 13.7% lower cost of living index. Lakes of the North scores 86 compared to 75 for New Troy, where the US average is 100. This difference means residents of Lakes of the North can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lakes of the North are $169,600 compared to $174,400 in New Troy, a 3% gap.

Median household income in Lakes of the North is $65,536 compared to $60,250 in New Troy (+8.8%). The higher salaries in Lakes of the North partially offset the cost difference, but don't fully close the gap.