Lyons, MI vs Spring Arbor, MI
Lyons, MI and Spring Arbor, MI have a very similar cost of living, with only a 2.8% difference in their overall index. Lyons scores 75 while Spring Arbor scores 77 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lyons is $1,070/month compared to $895/month in Spring Arbor — a 20% difference. Interestingly, home values tell a different story: while Spring Arbor has cheaper rent, Lyons actually has lower median home values ($112,500 vs $213,100).
Median household income in Lyons is $67,054 compared to $77,721 in Spring Arbor (-13.7%). While Spring Arbor 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 13.8% in Spring Arbor.
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