Lexington, MI vs Rockwood, MI

Lexington is moderately more affordable than Rockwood, with a 13.3% lower cost of living index. Lexington scores 68 compared to 78 for Rockwood, where the US average is 100. This difference means residents of Rockwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lexington is $643/month compared to $968/month in Rockwood — a 34% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Rockwood actually has lower median home values ($180,000 vs $191,000).

Median household income in Lexington is $49,091 compared to $85,391 in Rockwood (-42.5%). While Rockwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lexington spend roughly 15.7% of their income on rent, more than the 13.6% in Rockwood.