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Paw Paw Lake, MI vs Three Oaks, MI

82
Paw Paw Lake
Michigan
VS
+5.7%
78
Three Oaks
Michigan

Three Oaks is moderately more affordable than Paw Paw Lake, with a 5.7% lower cost of living index. Paw Paw Lake scores 82 compared to 78 for Three Oaks, where the US average is 100. This difference means residents of Paw Paw Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Paw Paw Lake is $1,151/month compared to $1,022/month in Three Oaks — a 13% difference. Home values follow the same pattern: Three Oaks is more affordable at $185,100 median vs $191,100.

Median household income in Paw Paw Lake is $65,360 compared to $60,500 in Three Oaks (+8%). While Paw Paw 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 Paw Paw Lake spend roughly 21.1% of their income on rent, more than the 20.3% in Three Oaks.

Income & Cost

Cost of Living Index
Paw Paw Lake
82
Three Oaks
78
5% cheaper
Median Household Income
Paw Paw Lake
$65,360
7% higher
Three Oaks
$60,500

Housing

Median Rent
Paw Paw Lake
$1,151
Three Oaks
$1,022
11% cheaper
Median Home Value
Paw Paw Lake
$191,100
Three Oaks
$185,100
3% cheaper
Population
Paw Paw Lake
3,794
Three Oaks
1,322

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Paw Paw Lake $2.88
Three Oaks $2.88
US $3.07
🥚
Eggs (grade A, large)
Paw Paw Lake $2.35
Three Oaks $2.35
US $2.50
🥛
Milk (whole)
Paw Paw Lake $3.79
Three Oaks $3.79
US $4.03
🍞
Bread (white)
Paw Paw Lake $1.74
Three Oaks $1.74
US $1.85
🍗
Chicken breast
Paw Paw Lake $3.90
Three Oaks $3.90
US $4.14
Electricity
Paw Paw Lake $0.18
Three Oaks $0.18
US $0.19