Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Lyon

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

Rent vs. Buy Affordability Calculator

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

$42,458
$722/mo

Median in area: $722

$116,500

Median in area: $116,500

$23,300

If you Rent

$952 /mo
Base Rent$722
Est. Utilities$230
% of Income26.9%
Pre-tax Residual$2,586

If you Buy

$979 /mo
P&I (7.188%)$632
Taxes & Ins$117
Est. Utilities$230
% of Income27.7%
Pre-tax Residual$2,559

Cost of Living FAQs

Is it cheaper to rent or buy in Lyon?

Based on median housing data, renting is currently more affordable on a monthly basis in Lyon. The estimated all-in monthly cost for renting is $952, while owning a median-priced home with a 20% down payment is roughly $979 per month (a difference of $27).

How much do utilities cost in Lyon?

The average monthly utility cost (electricity and natural gas) for a typical home in Lyon is approximately $230. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Lyon?

To comfortably afford the median rent and utilities in Lyon without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $38,080 per year.