Cost of Living in Lansing, MI

Updated November 2026 · Ingham County · Lansing-East Lansing, MI metro area · population 113,023

Local cost index (CostLiving estimate)
93.3
Cheaper than the US average
BEA index for the Lansing-East Lansing, MI metro area: 95.0
Monthly budget
$2,312
single adult · $4,828 family of 4
Modelled estimate, before taxes
Median rent
$993
per month, gross rent · US $1,413
Median home value
$128,700
US $332,700 · Very affordable

Prices in Lansing are 6.7% below the US average (local index 93.3; the BEA index for the Lansing-East Lansing, MI metro area is 95.0), with local housing the biggest saving at 76.5; a single adult's modelled budget is about $2,312 a month and the median rent is $993.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Lansing's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Lansing-East Lansing, MI metro area, unchanged.

Lansing price index by category, US average = 100: All items 93.3, Housing (rents) 76.5, Goods 93.7, Utilities 95.5, Other services 99.6

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 23rd most expensive of the 25 Michigan cities in our data. Cheaper than 80% of the cities we cover.

Official BEA Regional Price Parities for the Lansing-East Lansing, MI metro area. 2024: goods 93.7, housing 83.5, utilities 95.5, other services 99.6.
BEA index201920202021202220232024
All items94.793.894.294.093.095.0

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Lansing, MI

CategoryPer monthPer yearShare
Housing (rent) $700 $8,400 30%
Utilities $243 $2,916 11%
Food at home $264 $3,168 11%
Transportation $595 $7,140 26%
Health care $350 $4,200 15%
Clothing, personal care & supplies $160 $1,920 7%
Total$2,312$27,744100%

2 adults · 2-bedroom · modelled estimate for Lansing, MI

CategoryPer monthPer yearShare
Housing (rent) $891 $10,692 23%
Utilities $388 $4,656 10%
Food at home $488 $5,856 12%
Transportation $1,177 $14,124 30%
Health care $649 $7,788 17%
Clothing, personal care & supplies $314 $3,768 8%
Total$3,907$46,884100%

2 adults + 2 children · 3-bedroom · modelled estimate for Lansing, MI

CategoryPer monthPer yearShare
Housing (rent) $1,085 $13,020 22%
Utilities $472 $5,664 10%
Food at home $696 $8,352 14%
Transportation $1,567 $18,804 32%
Health care $604 $7,248 13%
Clothing, personal care & supplies $404 $4,848 8%
Total$4,828$57,936100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Lansing

Rent by number of bedrooms

SizeMedian rent
Studio $753
1 bedroom $840
2 bedrooms $1,068
3 bedrooms $1,301
4 bedrooms $1,237

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$993
Median contract rent (excl. utilities)$828
Median home value$128,700
Owner costs with a mortgage$1,195/mo
Median household income$54,382
Rent as % of renter income Expensive30.1%
Home value ÷ household income Very affordable2.4×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Michigan

22.99¢ per kWh, August 2026

12-month change: +10.9% (from 20.73¢) · US 18.16¢

Aug 2025: 20.73¢/kWh Sep 2025: 21.22¢/kWh Oct 2025: 20.47¢/kWh Nov 2025: 19.95¢/kWh Dec 2025: 19.54¢/kWh Jan 2026: 19.52¢/kWh Feb 2026: 19.99¢/kWh Mar 2026: 21.19¢/kWh Apr 2026: 21.39¢/kWh May 2026: 22.01¢/kWh Jun 2026: 22.99¢/kWh Jul 2026: 23.05¢/kWh Aug 2026: 22.99¢/kWh

Average household uses 630 kWh a month in Michigan ≈ $134/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Midwest (PADD 2)

$4.10 per gallon, week of 2026-11-02

12-month change: +45.0% (from $2.83) · US $4.15

2026-05-11: $4.405/gal 2026-05-18: $4.399/gal 2026-05-25: $4.352/gal 2026-06-01: $4.135/gal 2026-06-08: $3.945/gal 2026-06-15: $3.861/gal 2026-06-22: $3.723/gal 2026-06-29: $3.625/gal 2026-07-06: $3.531/gal 2026-07-13: $3.662/gal 2026-07-20: $3.780/gal 2026-07-27: $3.882/gal 2026-08-03: $3.929/gal 2026-08-10: $3.816/gal 2026-08-17: $3.938/gal 2026-08-24: $3.934/gal 2026-08-31: $3.847/gal 2026-09-07: $3.894/gal 2026-09-14: $4.091/gal 2026-09-21: $4.386/gal 2026-09-28: $4.291/gal 2026-10-05: $4.109/gal 2026-10-12: $4.145/gal 2026-10-19: $4.145/gal 2026-10-26: $4.269/gal 2026-11-02: $4.102/gal

EIA weekly retail price survey; Michigan is covered by the Midwest (PADD 2) average.

Inflation in the Midwest

Consumer prices in the Midwest Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Lansing are 6.7% below the US average, $60,000 here has the buying power of about $64,300 in an average-priced US area.

Same buying power in an average-priced US area$64,300
Needed in Lansing to match $60,000 in an average-priced US area$56,000

Formula: US-equivalent = salary × 100 ÷ 93.3. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Battle Creek, MI45 mi90.6 $2,191$957
Flint, MI49 mi91.9 $2,046$915
Ann Arbor, MI52 mi104.3 $2,992$1,649
Kentwood, MI54 mi95.3 $2,583$1,260
Novi, MI57 mi106.9 $2,950$1,747
Grand Rapids, MI58 mi95.4 $2,513$1,266

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Jacksonville, NC93.3 $2,596$1,321
Edmond, OK93.3 $2,366$1,344
Beaufort, SC93.3 $2,572$1,212
Corpus Christi, TX93.4 $2,484$1,292
Manteo, NC93.4 $2,494$1,204
Jeffersonville, IN93.2 $2,335$1,148

Compare Lansing with another city

Frequently asked questions

Is Lansing, MI an expensive place to live?

Lansing has a local cost of living index of 93.3, which is 6.7% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Lansing-East Lansing, MI metro area (95.0) and adjusts housing to Lansing's own rents. It is 2.9 points below the Michigan average. It is the 23rd most expensive of the 25 Michigan cities in our data. Cheaper than 80% of the cities we cover.

How much money do you need to live in Lansing?

Our modelled estimate of basic monthly costs is $2,312 for a single adult, $3,907 for a couple and $4,828 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $56,000 in Lansing.

What is the average rent in Lansing?

The median gross rent (rent plus tenant-paid utilities) is $993 a month (Census ACS 2020-2024). By size: 1 bedroom $840, 2 bedrooms $1,068, 3 bedrooms $1,301. The typical renter spends 30.1% of household income on rent (expensive).

How much does a house cost in Lansing?

The median owner-estimated home value is $128,700, 2.4 times the median household income of $54,382 (very affordable). Owners with a mortgage pay a median $1,195 a month in housing costs.

How much is electricity and gas in Lansing?

Michigan residential electricity averaged 22.99¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.10 a gallon (Midwest (PADD 2) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources