Cost of Living in Lapeer, MI
Population 9,053 · Michigan · Data vintage 2023
(100 = US avg)
Lapeer is a smaller Michigan community of around 9000 residents, where median household incomes of $53,038 and housing costs ($165,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Around 21% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Located 35 miles northwest of Sterling Heights, Lapeer falls within that metro's commuting orbit. Median home values run roughly 37% lower than Sterling Heights' $261,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lapeer
The median home value in Lapeer is $165,300 — 46% below the national median of $305,000. Median rent runs $947/month, 28% lower than the national median of $1,314/month. The median household income of $53,038/year is 29% lower than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Lapeer has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.
Lapeer has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Lapeer, MI?
Lapeer has a cost index of 61 (100 = national average). It is 39% below the national average.
What is average rent in Lapeer, MI?
The median gross rent in Lapeer is $947 per month based on 2023 Census data.
What is the average home price in Lapeer?
The median home value in Lapeer is $165,300 according to Zillow and Census data.
What is the median income in Lapeer?
The median household income in Lapeer is $53,038 per year (2023 ACS 5-year estimates).
What is the sales tax in Lapeer, MI?
The combined state and local sales tax rate in Lapeer is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Lapeer, MI affordable?
Yes, Lapeer is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.
Lapeer at a Glance
- Population
- 9,053
- Median Income
- $53,038
- Home Value
- $165,300
- Median Rent
- $947/mo
- Unemployment
- 3.4%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
Similar Cost Cities
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