What is the cost of living in South Lyon, MI?
According to the most recent data on the cost of living, South Lyon has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Michigan, South Lyon has a cost of living index that's 1.1x higher than Michigan's index of 91.
The standard of living in South Lyon ranks as #148 most affordable out of the 179 places we measured in Michigan. By definition, that implies South Lyon ranks as the #31 most expensive place in the Wolverine State.
For more reading on life in South Lyon, check out:
South Lyon Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in South Lyon. Here is how it fares on each of the criteria:
The Services index in South Lyon is 94.
The Groceries index in South Lyon is 93.
The Health index in South Lyon is 115.
The Housing index in South Lyon is 97.
The Transportation index in South Lyon is 98.
The Utilities index in South Lyon is 95.
| Living Expense | South Lyon | Michigan | National Average |
|---|---|---|---|
| Overall | 103 | 91 | 100 |
| Services | 94 | 97 | 100 |
| Groceries | 93 | 98 | 100 |
| Health | 115 | 75 | 100 |
| Housing | 97 | 98 | 100 |
| Transportation | 98 | 101 | 100 |
| Utilities | 95 | 98 | 100 |
South Lyon Cost Of Living Compared To Michigan Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Michigan, check out:
Protect your home budget Compare home warranties in South Lyon Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
South Lyon, MI Housing Cost Breakdown
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 South Lyon is $467,291.
The Median Rent in South Lyon is $1,310.
The Median Income in South Lyon is $92,467.
The Home Value To Income in South Lyon is 5.1x.
The Rent To Monthly Income in South Lyon is 0.17x.
| Statistic | South Lyon | Michigan | United States |
|---|---|---|---|
| Median Home Value | $467,291 | $259,857 | $332,700 |
| Median Rent | $1,310 | $1,129 | $1,413 |
| Median Income | $92,467 | $72,875 | $80,734 |
| Home Value To Income | 5.1x | 3.6x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.19x | 0.21x |
South Lyon, MI Costs By Category
Detailed South Lyon Services costs vs. Michigan
| Item | South Lyon | Michigan |
|---|---|---|
| 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 South Lyon Groceries costs vs. Michigan
| Item | South Lyon | Michigan |
|---|---|---|
| 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 South Lyon Health costs vs. Michigan
| Item | South Lyon | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
Detailed South Lyon Transportation costs vs. Michigan
| Item | South Lyon | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
Detailed South Lyon Utilities costs vs. Michigan
| Item | South Lyon | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
South Lyon SnackAbility
Cost Of Living In Cities Around South Lyon
The cost of living varies in the cities and towns around South Lyon. Here's a quick look at the cost of living in the most populous nearby places:
Ann Arbor, MI has a cost of living index of 122, 1.2x South Lyon.
Livonia, MI has a cost of living index of 101, 1.0x South Lyon.
Farmington Hills, MI has a cost of living index of 112, 1.1x South Lyon.
| City | Population | Cost Of Living | Vs. South Lyon |
|---|---|---|---|
| Ann Arbor, MI | 122,036 | 122 | 1.2x |
| Livonia, MI | 93,851 | 101 | 1.0x |
| Farmington Hills, MI | 83,515 | 112 | 1.1x |
| Novi, MI | 66,717 | 116 | 1.1x |
| Wixom, MI | 17,295 | 104 | 1.0x |
| Farmington, MI | 11,504 | 105 | 1.0x |
| Plymouth, MI | 9,214 | 113 | 1.1x |
| Whitmore Lake, MI | 7,878 | 99 | 1.0x |
| Brighton, MI | 7,688 | 104 | 1.0x |
| Walled Lake, MI | 7,299 | 95 | 0.9x |
