Lyons, MI vs Reed City, MI

There is a significant gap in the cost of living between these two cities. Reed City is 26.3% cheaper than Lyons. With a cost index of 59 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Reed City to Lyons should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lyons is $1,070/month compared to $587/month in Reed City — a 82% difference. Home values follow the same pattern: Reed City is more affordable at $105,400 median vs $112,500.

Median household income in Lyons is $67,054 compared to $48,646 in Reed City (+37.8%). While Lyons is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lyons spend roughly 19.1% of their income on rent, more than the 14.5% in Reed City.