Lake Orion, Michigan vs. Lafayette, Indiana

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  19.2% lower in Lafayette, Indiana
than in Lake Orion, Michigan
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Lake Orion, MI    Lafayette, IN    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Lake Orion, Michigan, we will also give you your estimated taxes in Lafayette, Indiana.
Lake Orion, MILafayette, INDifference
2019 Federal Inc. Tax$34,474$34,474 
State Income Taxes$8,330$6,428  $1,902 lower
Sales Taxes$2,483$2,897  $414 higher
Real Estate Taxes$3,430$1,090  $2,340 lower
Motor Vehicle Taxes$148$313  $165 higher
Total Taxes$48,864$45,201  $3,663 higher
Marginal Rate4.3%3.2%
Effective Rate4.2%3.2%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Lake Orion, MILafayette, IN
Tax Social SecurityNoNo
Social Security Note  
   Estimated sales tax
      State level, based on annual income of $75,000
Lake Orion, MI    Lafayette, IN    U.S. Avg
   Tax on food
Lake Orion, MILafayette, IN
Sales Tax On FoodNoNo
   Real estate tax
Lake Orion, MI    Lafayette, IN    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Lake Orion, MI    Lafayette, IN    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Lake Orion, MI    Lafayette, IN    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care
Popular Cost of Living Searches
Current CityComparison City
Jonesboro, ArkansasStanford, CaliforniaCompare
New Ulm, MinnesotaAlbuquerque, New MexicoCompare
Penn Wynne, PennsylvaniaWoodbridge, VirginiaCompare
Houston, TexasMountain View, CaliforniaCompare
Milwaukee, WisconsinChicago, IllinoisCompare
Milwaukee, WisconsinDearborn, MichiganCompare
Tucson, ArizonaIndianapolis, IndianaCompare
Milwaukee, WisconsinGlendale, CaliforniaCompare
Naples, FloridaTallahassee, FloridaCompare
Richardson, TexasTyler, TexasCompare

Privacy Policy  •  Terms of Use  •  Returns & Refunds
© Best Places. All rights reserved.