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Cost of Living in Lucas County

Is it better to rent or buy in Lucas County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$72,152
$1,029/mo

Median in area: $1,029

$173,832

Median in area: $173,832

$34,766

If you Rent

🔑
$1,231 /mo
Base Rent$1,029
Est. Utilities$202
% of Income20.5%
Pre-tax Residual$4,782

If you Buy

🏠
$1,457 /mo
P&I (7.14%)$938
Taxes & Ins$317
Est. Utilities$202
% of Income24.2%
Pre-tax Residual$4,555

Compare Nearby Areas

See how Lucas County stacks up against neighboring areas.

countyLenawee County, MI
$987/mo
countyFulton County, OH
$889/mo
countyOttawa County, OH
$892/mo
countyWood County, OH
$1,092/mo
countyMonroe County, MI
$1,077/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Lucas County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Lucas County. The estimated all-in monthly cost for renting is $1,231, while owning a median-priced home with a 20% down payment is roughly $1,457 per month (a difference of $226).

How much do utilities cost in Lucas County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Lucas County is approximately $202. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Lucas County?›

To comfortably afford the median rent and utilities in Lucas County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $49,240 per year.