Lapeer County, MI Cost of Living


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How much do I need to live in Lapeer, Michigan?
$3,930 / month
for a family, 27.2% less expensive than the national average
$3,167 / month
for a single person, 33.6% less expensive than the national average

Lapeer cost of living score
96
Less expensive
4.0% lower
than the US average
4.9% higher
than the Michigan average
Lapeer Michi County, Michigan gets a BestPlaces Cost of Living score of 96, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.0% lower than the U.S. average and 4.9% lower than the average for Michigan.

Lapeer County, MI

Housing costs in Lapeer?
A typical home costs $246,100, which is 27.2% less expensive than the national average of $338,100 and 12.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Lapeer costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 9.1% more than the state average of $1,100.

Can I afford Lapeer?
To live comfortably in Lapeer Michi County, Michigan, a minimum annual income of $47,160 for a family, and $38,000 for a single person is recommended.

What does A.I. say about Lapeer?
Living in Lapeer, MI County is much more affordable than the national average. According to recent data, the median value of a house in Lapeer, MI County stands at $246,100 compared to $338,100 across the United States. Additionally, the cost of living in Lapeer is 96 points as opposed to the 100-point national average. This means that overall the cost of living in Lapeer is significantly lower than many other places in the country, making it an attractive place for those looking for an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLapeerMichiganUnited States
  96.091.5100.0
  95.493.4100
  79.984.8100.0
  73.171.2100.0
  $246,100$218,700$338,100
  98.2100.1100
  135.0115.1100.0
  99.195.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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