Cost Of Living in Sylvan Lake, MI

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B

12%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

47%

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	Sylvan Lake	Michigan	National
Cost of living	112	91	100
Groceries	96	98	100
Health care	99	97	100
Housing	147	76	100
Transportation	95	96	100
Utilities	102	100	100
Lifestyle & Entertainment	94	96	100
Household Items	99	98	100
Education & Childcare	93	95	100

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Homes For Sale In Sylvan Lake, MI

1430 Benvenue St

Keego Harbor, MI

1921 Beverly St

Keego Harbor, MI

2674 Littletell Ave

West Bloomfield, MI

2208 Avondale

Sylvan Lake, MI

Cost Of Living Quick Facts

The cost of living in Sylvan Lake is 23% higher than the Michigan average
The cost of living in Sylvan Lake is 12% higher than the national average
Sylvan Lake housing is 47% higher 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

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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	$144,630	$12,053	$3,374	$4,339
Renters	$106,419	$8,868	$2,483	$3,193

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.
Highland Park, MI	11,056	80	20.3%
Pontiac, MI	61,764	84	16.2%
Hazel Park, MI	16,845	87	12.7%
Holly, MI	6,357	89	10.7%
Madison Heights, MI	31,139	93	6.7%
Sylvan Lake, MI	1,835	112	11.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Ackley, IA	1,835	82	18.4%
Mullens, WV	1,835	80	19.6%
Cottonport, LA	1,836	84	15.9%
Rogue River, OR	1,834	101	1.5%
Brodheadsville, PA	1,836	103	3.1%
Sylvan Lake, MI	1,835	112	11.7%