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Mount Pleasant, MI vs Walled Lake, MI

72
Mount Pleasant
Michigan
VS
-21.3%
91
Walled Lake
Michigan

There is a significant gap in the cost of living between these two cities. Mount Pleasant is 21.3% cheaper than Walled Lake. With a cost index of 72 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mount Pleasant to Walled Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Mount Pleasant is $870/month compared to $1,304/month in Walled Lake — a 33% difference. Home values follow the same pattern: Mount Pleasant is more affordable at $168,700 median vs $213,000.

Median household income in Mount Pleasant is $39,924 compared to $67,335 in Walled Lake (-40.7%). While Walled Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mount Pleasant spend roughly 26.1% of their income on rent, more than the 23.2% in Walled Lake.

Income & Cost

Cost of Living Index
Mount Pleasant
72
21% cheaper
Walled Lake
91
Median Household Income
Mount Pleasant
$39,924
Walled Lake
$67,335
41% higher

Housing

Median Rent
Mount Pleasant
$870
33% cheaper
Walled Lake
$1,304
Median Home Value
Mount Pleasant
$168,700
21% cheaper
Walled Lake
$213,000
Population
Mount Pleasant
21,420
Walled Lake
7,275

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mount Pleasant $2.88
Walled Lake $3.00
US $3.07
🥚
Eggs (grade A, large)
Mount Pleasant $2.35
Walled Lake $2.45
US $2.50
🥛
Milk (whole)
Mount Pleasant $3.79
Walled Lake $3.94
US $4.03
🍞
Bread (white)
Mount Pleasant $1.74
Walled Lake $1.81
US $1.85
🍗
Chicken breast
Mount Pleasant $3.90
Walled Lake $4.06
US $4.14
Electricity
Mount Pleasant $0.18
Walled Lake $0.20
US $0.19