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Lapeer, MI vs Walker, MI

77
Lapeer
Michigan
VS
-14%
89
Walker
Michigan

Lapeer is moderately more affordable than Walker, with a 14% lower cost of living index. Lapeer scores 77 compared to 89 for Walker, where the US average is 100. This difference means residents of Walker 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 $1,121/month in Walker — a 16% difference. Home values follow the same pattern: Lapeer is more affordable at $165,300 median vs $266,400.

Median household income in Lapeer is $53,038 compared to $73,835 in Walker (-28.2%). While Walker is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lapeer spend roughly 21.4% of their income on rent, more than the 18.2% in Walker.

Income & Cost

Cost of Living Index
Lapeer
77
14% cheaper
Walker
89
Median Household Income
Lapeer
$53,038
Walker
$73,835
28% higher

Housing

Median Rent
Lapeer
$947
16% cheaper
Walker
$1,121
Median Home Value
Lapeer
$165,300
38% cheaper
Walker
$266,400
Population
Lapeer
9,053
Walker
25,201

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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