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Cost of Living in East Lansing, MI

Population 45,758 · Census ACS 2020–2024 5-year estimates

Median rent$1,171
Median home value$270,800
Median household income$45,687

The median rent in East Lansing, MI is $1,171/month, 4% higher than the Michigan median and 17% lower than the U.S. median. The median home value is $270,800, 19% lower than the national median. Households earn a median of $45,687 a year, 37% lower than the state median.

Affordability

Rent as a share of median income: 30.8%
Income needed for median rent (30% rule): $46,840/yr
Home price-to-income ratio: 5.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,369/mo

Run your own numbers: mortgage calculator · hourly to salary

East Lansing vs. Michigan vs. U.S.

East LansingMichiganU.S.
Median rent$1,171$1,129$1,413
Median home value$270,800$231,600$332,700
Median household income$45,687$72,875$80,734
Homeownership rate38.5%73.2%65.2%
Bachelor's degree or higher66.6%32.4%35.7%
Poverty rate33.0%13.2%12.5%
Unemployment rate6.6%5.7%5.2%
Work from home21.0%13.5%15.1%
Median age21.340.238.9

FAQ

What is the average rent in East Lansing, MI?

The median gross rent in East Lansing, MI is $1,171 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in East Lansing, MI?

Using the common 30% rule, renting a median-priced home takes about $46,840 a year in gross income.

Is East Lansing, MI expensive to live in?

Rent there is 17% lower than the U.S. median, and the median home costs about 5.9 times the median household income.

Other cities in Michigan

Detroit, MIRent $1,074 · Income $39,938Grand Rapids, MIRent $1,266 · Income $69,108Warren, MIRent $1,225 · Income $64,016Sterling Heights, MIRent $1,292 · Income $79,909Ann Arbor, MIRent $1,649 · Income $82,212Lansing, MIRent $993 · Income $54,382

Cities with a similar cost of living

Birmingham, ALRent $1,107 · Income $46,051Fort Pierce, FLRent $1,217 · Income $47,072Lealman, FLRent $1,247 · Income $45,308Hazleton, PARent $1,089 · Income $46,177Harvey, LARent $1,190 · Income $48,774Brent, FLRent $1,161 · Income $49,167

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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