Cost of Living in Lansing, MI
Population: 112,546 • 2026 Data
$52,170
Median Household Income
-33% vs national
$976
Median Monthly Rent
-28% vs national
$119,400
Median Home Value
-65% vs national
8.1%
Unemployment Rate
Housing in Lansing
The median home value in Lansing, MI is $119,400. Monthly rent for a typical unit averages $976, while total monthly housing costs (including utilities and insurance) average $978.
Rent-to-income ratio: 22.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lansing, MI is $52,170. The unemployment rate stands at 8.1%, with a labor force of 61,151 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.