Cost of Living in Lost Lake Woods, MI
Population: 407 | Michigan
Lost Lake Woods is 13% less expensive than the national average.
Cost of Living in Lost Lake Woods, MI: What You Need to Know
With a cost of living index of 87, Lost Lake Woods, MI is a very affordable place to live. Living here is 13% cheaper than the national average and 9% above the Michigan state average of 78. Lost Lake Woods is a small community of 407 residents.
The median household income in Lost Lake Woods is $69,375, which is 8% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $69,375
- vs US Median ($75,149)
- -8%
Housing
- Median Home Value
- $172,000
- Median Monthly Housing Cost
- $703/mo