Lawton, MI vs Richmond, MI

Lawton is moderately more affordable than Richmond, with a 10.7% lower cost of living index. Lawton scores 71 compared to 79 for Richmond, where the US average is 100. This difference means residents of Richmond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lawton is $824/month compared to $870/month in Richmond — a 5% difference. Home values follow the same pattern: Lawton is more affordable at $159,100 median vs $228,000.

Median household income in Lawton is $54,718 compared to $61,715 in Richmond (-11.3%). While Richmond is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lawton spend roughly 18.1% of their income on rent, more than the 16.9% in Richmond.