South Lyon, MI vs Wayland, MI

Wayland is moderately more affordable than South Lyon, with a 13.8% lower cost of living index. South Lyon scores 94 compared to 83 for Wayland, 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 South Lyon is $1,208/month compared to $1,085/month in Wayland — a 11% difference. Home values follow the same pattern: Wayland is more affordable at $201,200 median vs $280,900.

Median household income in South Lyon is $83,822 compared to $71,797 in Wayland (+16.7%). 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 South Lyon spend roughly 17.3% of their income on rent, less than the 18.1% in Wayland.