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Lowell, MI vs South Lyon, MI

76
Lowell
Michigan
VS
-19.1%
94
South Lyon
Michigan

There is a significant gap in the cost of living between these two cities. Lowell is 19.1% cheaper than South Lyon. With a cost index of 76 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lowell to South Lyon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lowell is $788/month compared to $1,208/month in South Lyon — a 35% difference. Home values follow the same pattern: Lowell is more affordable at $231,100 median vs $280,900.

Median household income in Lowell is $71,406 compared to $83,822 in South Lyon (-14.8%). The higher salaries in South Lyon partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lowell spend roughly 13.2% of their income on rent, less than the 17.3% in South Lyon.

Income & Cost

Cost of Living Index
Lowell
76
19% cheaper
South Lyon
94
Median Household Income
Lowell
$71,406
South Lyon
$83,822
15% higher

Housing

Median Rent
Lowell
$788
35% cheaper
South Lyon
$1,208
Median Home Value
Lowell
$231,100
18% cheaper
South Lyon
$280,900
Population
Lowell
4,133
South Lyon
11,825

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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