Lake Odessa is located in Michigan and has an overall cost of living that is -3% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Lake Odessa.

Housing: Median rent in Lake Odessa is $1,313 / month, and the median home price is $437,596. Housing costs are -18% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($4.03), milk ($4.67), and eggs ($4.61) reflect the local grocery landscape. Overall grocery costs are -2% vs the national average.

Healthcare: Medical costs include doctor visits ($164.60), dentist visits ($132.22), and prescription drugs ($23.83). These costs should be factored into your monthly budget when planning a move.

Michigan has a state income tax rate of 4.25%, which affects take-home pay for Lake Odessa residents.

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Lake Odessa, Michigan Cost of Living FAQ

Common questions about living costs in Lake Odessa.

Lake Odessa, Michigan has an overall cost of living that is -3% the national average. Housing costs are -18% vs the national average. Grocery prices are -2% vs average. Utilities are -6% vs average. This makes Lake Odessa a reasonably affordable city.

The median rent in Lake Odessa, Michigan is $1,313 / month. Average energy bills run $207.58 / month. Phone bills average $185.19 / month. Housing is typically the largest expense for residents.

Healthcare costs in Lake Odessa: doctor's visit averages $164.60, dentist visit averages $132.22, prescription drugs average $23.83. Overall healthcare expenses in the area are influenced by the -2% grocery cost difference.

Lake Odessa is one of 203 cities tracked in Michigan. With an overall cost -3% vs the national average, it is more affordable than many other cities in the state. Visit our Michigan state page to compare all cities side-by-side and find the best fit for your budget.

Lake Odessa offers cost of living -3% compared to the national average. Key factors to consider: median home price of $437,596, rent of $1,313 / month, and a state income tax of 4.25% in Michigan. Explore our detailed cost breakdown above to see if Lake Odessa fits your budget.