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Cost of Living in Lyons

Is it better to rent or buy in Lyons? 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.

$73,830
$1,280/mo

Median in area: $1,280

$257,018

Median in area: $257,018

$51,404

If you Rent

🔑
$1,497 /mo
Base Rent$1,280
Est. Utilities$217
% of Income24.3%
Pre-tax Residual$4,656

If you Buy

🏠
$2,146 /mo
P&I (7.058%)$1,376
Taxes & Ins$553
Est. Utilities$217
% of Income34.9%
Pre-tax Residual$4,007

Cost of Living FAQs

Is it cheaper to rent or buy in Lyons?›

Based on median housing data, renting is currently more affordable on a monthly basis in Lyons. The estimated all-in monthly cost for renting is $1,497, while owning a median-priced home with a 20% down payment is roughly $2,146 per month (a difference of $649).

How much do utilities cost in Lyons?›

The average monthly utility cost (electricity and natural gas) for a typical home in Lyons is approximately $217. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Lyons?›

To comfortably afford the median rent and utilities in Lyons without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $59,880 per year.