Cost Of Living in Lakewood Club, MI

Get 300+ Local Insights for Any Address in Lakewood Club, MI

Get Access to 300+ Local Data Points

A+

10%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

25%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Lakewood Club	Michigan	National
Cost of living	90	91	100
Groceries	98	98	100
Health care	98	97	100
Housing	75	76	100
Transportation	94	96	100
Utilities	103	100	100
Lifestyle & Entertainment	93	96	100
Household Items	96	98	100
Education & Childcare	96	95	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Lakewood Club, MI

6243 Wildrose Way

Twin Lake, MI

164 E Washington Rd

Twin Lake, MI

W Cedar Rd

Lakewood Club, MI

Cost Of Living Quick Facts

The cost of living in Lakewood Club is 1% lower than the Michigan average
The cost of living in Lakewood Club is 10% lower than the national average
Lakewood Club housing is 25% lower than the national average
Michigan general sales tax is 18% higher than the national average
Michigan state income tax is 64% higher than the national average

Most Affordable Places to Live in and Around Lakewood Club

See all the best places to live around Lakewood Club

Compare Lakewood Club, MI Cost of Living

Write a review to give others more information about this area.

See all Lakewood Club poll results

The best places in Michigan

Here are the best places to live in Michigan

Most Dangerous States In The US

These are the 10 cheapest cities in Michigan

These are the largest cities in Michigan

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$83,612	$6,968	$1,951	$2,509
Renters	$0	$0	$0	$0

Michigan Sales Tax

State	General Sales Tax	With Max Surtax
Michigan	6%	6%

Michigan Income Tax

State	Income Tax (Low)	Income Tax (High)
Michigan	4.25%	4.25%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Muskegon Heights, MI	10,979	79	20.8%
Muskegon, MI	38,255	84	16.2%
Hesperia, MI	896	84	16.2%
Rothbury, MI	411	86	13.8%
Fremont, MI	4,153	88	11.8%
Lakewood Club, MI	1,280	90	9.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Highland, AR	1,280	82	17.8%
Laupahoehoe, HI	1,280	141	41.2%
Woodward, IA	1,280	91	8.5%
Litchfield, MI	1,280	83	16.7%
Pacific City, OR	1,280	129	29.4%
Lakewood Club, MI	1,280	90	9.7%