Home / Compare / Loomis vs New Lothrop

Loomis, MI vs New Lothrop, MI

80
Loomis
Michigan
VS
+16.7%
69
New Lothrop
Michigan

There is a significant gap in the cost of living between these two cities. New Lothrop is 16.7% cheaper than Loomis. With a cost index of 69 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Lothrop to Loomis should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Loomis are $87,500 compared to $178,100 in New Lothrop, a 51% gap.

Median household income in Loomis is $65,000 compared to $78,500 in New Lothrop (-17.2%). New Lothrop offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Loomis
80
New Lothrop
69
14% cheaper
Median Household Income
Loomis
$65,000
New Lothrop
$78,500
17% higher

Housing

Median Rent
Loomis
New Lothrop
$750
Median Home Value
Loomis
$87,500
51% cheaper
New Lothrop
$178,100
Population
Loomis
221
New Lothrop
640

Salary Equivalency Calculator

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

$
Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Loomis
New Lothrop $2.88
US $3.07
🥚
Eggs (grade A, large)
Loomis
New Lothrop $2.35
US $2.50
🥛
Milk (whole)
Loomis
New Lothrop $3.79
US $4.03
🍞
Bread (white)
Loomis
New Lothrop $1.74
US $1.85
🍗
Chicken breast
Loomis
New Lothrop $3.90
US $4.14
Electricity
Loomis
New Lothrop $0.18
US $0.19