CostIndexUSA

Lansing, MI vs Pensacola, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMI
Lansing
95
overall index
$1,300/mo rent
FL
Pensacola
97.7
overall index
$1,700/mo rent

Lansing is slightly cheaper than Pensacola — 2.8% lower overall cost of living.

To match an $80,000 salary in Lansing, you would need $82,300 in Pensacola. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+18.3%
Lansing
83.5
Pensacola
98.8
🛒 Groceries+2.7%
Lansing
93.7
Pensacola
96.2
🚗 Transportation0.7%
Lansing
104.5
Pensacola
103.8
🏥 Healthcare0.7%
Lansing
94.6
Pensacola
93.9
Utilities7.3%
Lansing
95.5
Pensacola
88.5

Salary Equivalency Calculator

Enter your current salary in Lansing to see what you'd need to earn in Pensacola to maintain the same purchasing power.

$
Equivalent salary in Pensacola, FL
$82,300
$2,300 more needed in Pensacola

Formula: salary × (97.7 ÷ 95) = salary × 1.0284. Based on BEA Regional Price Parities.

Housing Market

Lansing, MI

Median Home Price
$234,000
Median Monthly Rent
$1,300
Housing Index
83.5
Price-to-Rent Ratio
15.0×

Pensacola, FL

Median Home Price
$300,000
Median Monthly Rent
$1,700
Housing Index
98.8
Price-to-Rent Ratio
14.7×

Pensacola has 18.3% higher housing costs compared to Lansing.

Income & Job Market

Lansing, MI

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
4.6%
Population
112,644
Top Industries
GovernmentAutomotiveHealthcareEducationFinance

Pensacola, FL

Median Household Income
$78,300
Per Capita Income
$44,600
Unemployment Rate
4.5%
Population
53,831
Top Industries
MilitaryHealthcareTourismManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Lansing, MI
4.5×income-to-rent ratio

78% of income left after rent (median)

Pensacola, FL
3.8×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.