Lapeer, MI Cost Of Living

The latest cost of living statistics for Lapeer. Includes statistics on rent, mortgages, healthcare, and other costs for Lapeer compared to the state and national averages.

Cost of living in Lapeer, Michigan

Cost of living in Lapeer research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lapeer is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

85 Cost of living index 0.8x lower vs US
#34 Cheapest in Michigan (of 179)
#362 Cheapest in the U.S. (of 6,489)
$261,367 Median home value
$1,002 Median rent
$52,716 Median income
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What is the cost of living in Lapeer, MI?

According to the most recent data on the cost of living, Lapeer has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Michigan, Lapeer has a cost of living index that's 0.9x lower than Michigan's index of 91.

The standard of living in Lapeer ranks as #34 most affordable out of the 179 places we measured in Michigan. By definition, that implies Lapeer ranks as the #145 most expensive place in the Wolverine State.

For more reading on life in Lapeer, check out:

Lapeer Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Lapeer. Here is how it fares on each of the criteria:

  • The Services index in Lapeer is 97.

  • The Groceries index in Lapeer is 92.

  • The Health index in Lapeer is 72.

  • The Housing index in Lapeer is 93.

  • The Transportation index in Lapeer is 98.

  • The Utilities index in Lapeer is 98.

Living ExpenseLapeerMichiganNational Average
Overall8591100
Services9797100
Groceries9298100
Health7275100
Housing9398100
Transportation98101100
Utilities9898100

Lapeer Cost Of Living Compared To Michigan Averages

Services
Lapeer 97
Michigan avg 97
Groceries
Lapeer 92
Michigan avg 98
Health
Lapeer 72
Michigan avg 75
Housing
Lapeer 93
Michigan avg 98
Transportation
Lapeer 98
Michigan avg 101
Utilities
Lapeer 98
Michigan avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Michigan, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Lapeer, MI Housing Cost Breakdown

$261,367Median Home Value
$1,002Median Rent
$52,716Median Income

Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Lapeer is $261,367.

  • The Median Rent in Lapeer is $1,002.

  • The Median Income in Lapeer is $52,716.

  • The Home Value To Income in Lapeer is 5.0x.

  • The Rent To Monthly Income in Lapeer is 0.23x.

StatisticLapeerMichiganUnited States
Median Home Value$261,367$259,857$332,700
Median Rent$1,002$1,129$1,413
Median Income$52,716$72,875$80,734
Home Value To Income5.0x3.6x4.1x
Rent To Monthly Income0.23x0.19x0.21x

Lapeer, MI Costs By Category

Detailed Lapeer Services costs vs. Michigan
ItemLapeerMichigan
Shampoo$1.13$1.28
Movie$12.99$12.13
Bowling$12.33$18
Haircut$16.8$24.26
Beauty Salon$24.78$45.56
Detailed Lapeer Groceries costs vs. Michigan
ItemLapeerMichigan
Ground Beef$5.75$5.84
Fried Chicken$1.41$1.57
Milk$4.78$4.67
Potatoes$4.8$4.93
Pizza$8.99$12.09
Beer$9.04$10.41
Toothpaste$3.66$3.7
Detailed Lapeer Health costs vs. Michigan
ItemLapeerMichigan
Optometrist$85.0$125.68
Doctor$103.33$135.78
Dentist$91.0$113.29
Detailed Lapeer Transportation costs vs. Michigan
ItemLapeerMichigan
Gasoline$3.35$3.46
Tire Balancing$56.0$59.92
Detailed Lapeer Utilities costs vs. Michigan
ItemLapeerMichigan
All Electricity$219.2$193.99
Phone$184.44$192.25

Lapeer SnackAbility

5Overall SnackAbility
Jobs 5/10
Housing 6/10
Affordability 6/10
Diversity 8/10
Safety 6/10
Amenities 8/10
Education 5/10
Commute 6/10

Cost Of Living In Cities Around Lapeer

The cost of living varies in the cities and towns around Lapeer. Here's a quick look at the cost of living in the most populous nearby places:

  • Flint, MI has a cost of living index of 78, 0.9x Lapeer.

  • Burton, MI has a cost of living index of 86, 1.0x Lapeer.

  • Beecher, MI has a cost of living index of 78, 0.9x Lapeer.

CityPopulationCost Of LivingVs. Lapeer
Flint, MI80,175780.9x
Burton, MI29,500861.0x
Beecher, MI8,412780.9x
Grand Blanc, MI7,987961.1x
Davison, MI5,076901.1x