East Lansing, MI is a vibrant college town home to Michigan State University. It is a great place to live for students and young professionals alike due to its relative affordability. The 2 bedroom rent in East Lansing is approximately $1,210 compared to the US average of $1,430, making it much less expensive than most other areas of the country. Additionally, the Grocery Cost Index in East Lansing stands at 96 compared to 100 in the US, which adds even more value for those looking to call it home. There are plenty of local businesses that make living in East Lansing enjoyable; some of these businesses include Bagger Dave's Burger Tavern, a popular restaurant offering delicious burgers and craft beer; Spartan Spirits Wine & Beer Emporium which offers a wide selection of wine and beer; Library Pub which provides an intimate atmosphere with craft cocktails and live music; Espresso Royale Caffe serving coffee drinks as well as light snacks; Fieldhouse Sports Bar & Grill offering classic pub fare and specialty cocktails with lots of televisions for sports fans; Simply Green Home Solutions providing energy efficient homes; and many more. With so many amenities available, it's easy to see why East Lansing is such an attractive place to live.
East Lansing has an unemployment rate of 3.7%. The US average is 6.0%.
East Lansing has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.
Tax Rates for East Lansing
- The Sales Tax Rate for East Lansing is 6.0%. The US average is 7.3%.
- The Income Tax Rate for East Lansing is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for East Lansing
- The average income of a East Lansing resident is $19,256 a year. The US average is $28,555 a year.
- The Median household income of a East Lansing resident is $41,177 a year. The US average is $69,021 a year.