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Madison Heights, MI vs South Lyon, MI

84
Madison Heights
Michigan
VS
-10.2%
94
South Lyon
Michigan

Madison Heights is moderately more affordable than South Lyon, with a 10.2% lower cost of living index. Madison Heights scores 84 compared to 94 for South Lyon, where the US average is 100. This difference means residents of South Lyon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madison Heights is $1,138/month compared to $1,208/month in South Lyon — a 6% difference. Home values follow the same pattern: Madison Heights is more affordable at $190,300 median vs $280,900.

Median household income in Madison Heights is $66,726 compared to $83,822 in South Lyon (-20.4%). While South Lyon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madison Heights spend roughly 20.5% of their income on rent, more than the 17.3% in South Lyon.

Income & Cost

Cost of Living Index
Madison Heights
84
10% cheaper
South Lyon
94
Median Household Income
Madison Heights
$66,726
South Lyon
$83,822
20% higher

Housing

Median Rent
Madison Heights
$1,138
6% cheaper
South Lyon
$1,208
Median Home Value
Madison Heights
$190,300
32% cheaper
South Lyon
$280,900
Population
Madison Heights
28,411
South Lyon
11,825

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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