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Lakewood Club, MI vs Oak Hill, MI

85
Lakewood Club
Michigan
VS
+1.8%
84
Oak Hill
Michigan

Lakewood Club, MI and Oak Hill, MI have a very similar cost of living, with only a 1.8% difference in their overall index. Lakewood Club scores 85 while Oak Hill scores 84 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.

When it comes to buying, median home values in Lakewood Club are $144,900 compared to $130,300 in Oak Hill, a 11% gap.

Median household income in Lakewood Club is $67,277 compared to $56,458 in Oak Hill (+19.2%). While Lakewood Club 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
Lakewood Club
85
Oak Hill
84
2% cheaper
Median Household Income
Lakewood Club
$67,277
16% higher
Oak Hill
$56,458

Housing

Median Rent
Lakewood Club
$1,353
Oak Hill
Median Home Value
Lakewood Club
$144,900
Oak Hill
$130,300
10% cheaper
Population
Lakewood Club
1,315
Oak Hill
440

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lakewood Club $2.88
Oak Hill
US $3.07
🥚
Eggs (grade A, large)
Lakewood Club $2.35
Oak Hill
US $2.50
🥛
Milk (whole)
Lakewood Club $3.79
Oak Hill
US $4.03
🍞
Bread (white)
Lakewood Club $1.74
Oak Hill
US $1.85
🍗
Chicken breast
Lakewood Club $3.90
Oak Hill
US $4.14
Electricity
Lakewood Club $0.17
Oak Hill
US $0.19