Lyons, MI vs St. Ignace, MI
There is a significant gap in the cost of living between these two cities. St. Ignace is 20.5% cheaper than Lyons. With a cost index of 62 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Ignace 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 $620/month in St. Ignace — a 73% difference. Interestingly, home values tell a different story: while St. Ignace has cheaper rent, Lyons actually has lower median home values ($112,500 vs $127,800).
Median household income in Lyons is $67,054 compared to $60,735 in St. Ignace (+10.4%). The higher salaries in Lyons partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lyons spend roughly 19.1% of their income on rent, more than the 12.2% in St. Ignace.
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