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Lapeer, MI vs Potterville, MI

77
Lapeer
Michigan
VS
+6.8%
72
Potterville
Michigan

Potterville is moderately more affordable than Lapeer, with a 6.8% lower cost of living index. Lapeer scores 77 compared to 72 for Potterville, where the US average is 100. This difference means residents of Lapeer can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lapeer is $947/month compared to $954/month in Potterville — a 1% difference. Interestingly, home values tell a different story: while Lapeer has cheaper rent, Potterville actually has lower median home values ($125,400 vs $165,300).

Median household income in Lapeer is $53,038 compared to $62,054 in Potterville (-14.5%). Potterville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lapeer spend roughly 21.4% of their income on rent, more than the 18.4% in Potterville.

Income & Cost

Cost of Living Index
Lapeer
77
Potterville
72
6% cheaper
Median Household Income
Lapeer
$53,038
Potterville
$62,054
15% higher

Housing

Median Rent
Lapeer
$947
1% cheaper
Potterville
$954
Median Home Value
Lapeer
$165,300
Potterville
$125,400
24% cheaper
Population
Lapeer
9,053
Potterville
3,065

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lapeer $3.00
Potterville $2.88
US $3.07
🥚
Eggs (grade A, large)
Lapeer $2.45
Potterville $2.35
US $2.50
🥛
Milk (whole)
Lapeer $3.94
Potterville $3.79
US $4.03
🍞
Bread (white)
Lapeer $1.81
Potterville $1.74
US $1.85
🍗
Chicken breast
Lapeer $4.06
Potterville $3.90
US $4.14
Electricity
Lapeer $0.20
Potterville $0.18
US $0.19