Cost of Living in Lake County, MI

Modeled annual cost: $43,146.

Median family income: $59,133.

MI Median $44,032

Lake County, MI Affordability at a glance

Median Income

$59,133

Estimated Annual Costs

$43,146

Cost/Income Ratio

73.0%

State Rank

#57Most expensive counties in MI out of 83See Michigan county rankings

Location Type

Not Metropolitan

Biggest category:

Transport is the biggest expense in Lake County, MI.

$13,941 per year.*32.31% of total modeled yearly costs.

Cost breakdown

Total

$43,146

Per year

  • Transport:
    $13,94132.3%
  • Taxes:
    $7,94718.4%
  • Housing:
    $7,84818.2%
  • Healthcare:
    $5,57412.9%
  • Food:
    $4,1199.5%
  • Other Costs:
    $3,7168.6%

* Percentages may not add up to 100% due to rounding.

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See how Lake County, MI compares across the country.

Explore our cost of living interactive map to compare Lake County, MI with multiple counties in the United States.

How WatchPennies calculates salary needed