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Roosevelt Park, MI vs South Lyon, MI

79
Roosevelt Park
Michigan
VS
-16%
94
South Lyon
Michigan

There is a significant gap in the cost of living between these two cities. Roosevelt Park is 16% cheaper than South Lyon. With a cost index of 79 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Roosevelt Park to South Lyon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Roosevelt Park is $1,062/month compared to $1,208/month in South Lyon — a 12% difference. Home values follow the same pattern: Roosevelt Park is more affordable at $178,600 median vs $280,900.

Median household income in Roosevelt Park is $60,938 compared to $83,822 in South Lyon (-27.3%). 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 Roosevelt Park spend roughly 20.9% of their income on rent, more than the 17.3% in South Lyon.

Income & Cost

Cost of Living Index
Roosevelt Park
79
16% cheaper
South Lyon
94
Median Household Income
Roosevelt Park
$60,938
South Lyon
$83,822
27% higher

Housing

Median Rent
Roosevelt Park
$1,062
12% cheaper
South Lyon
$1,208
Median Home Value
Roosevelt Park
$178,600
36% cheaper
South Lyon
$280,900
Population
Roosevelt Park
4,148
South Lyon
11,825

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Roosevelt Park $2.88
South Lyon $3.00
US $3.07
🥚
Eggs (grade A, large)
Roosevelt Park $2.35
South Lyon $2.45
US $2.50
🥛
Milk (whole)
Roosevelt Park $3.79
South Lyon $3.94
US $4.03
🍞
Bread (white)
Roosevelt Park $1.74
South Lyon $1.81
US $1.85
🍗
Chicken breast
Roosevelt Park $3.90
South Lyon $4.06
US $4.14
Electricity
Roosevelt Park $0.17
South Lyon $0.20
US $0.19