Lyons, MI vs Shelby, MI

There is a significant gap in the cost of living between these two cities. Shelby is 17.6% cheaper than Lyons. With a cost index of 64 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shelby 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 $682/month in Shelby — a 57% difference. Interestingly, home values tell a different story: while Shelby has cheaper rent, Lyons actually has lower median home values ($112,500 vs $124,000).

Median household income in Lyons is $67,054 compared to $53,309 in Shelby (+25.8%). 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 15.4% in Shelby.