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Addison, MI vs Howard City, MI

64
Addison
Michigan
VS
-3.7%
67
Howard City
Michigan

Addison, MI and Howard City, MI have a very similar cost of living, with only a 3.7% difference in their overall index. Addison scores 64 while Howard City scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Addison is $668/month compared to $708/month in Howard City — a 6% difference. Home values follow the same pattern: Addison is more affordable at $132,700 median vs $143,800.

Median household income in Addison is $53,056 compared to $52,663 in Howard City (+0.7%). Addison offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Addison spend roughly 15.1% of their income on rent, less than the 16.1% in Howard City.

Income & Cost

Cost of Living Index
Addison
64
4% cheaper
Howard City
67
Median Household Income
Addison
$53,056
1% higher
Howard City
$52,663

Housing

Median Rent
Addison
$668
6% cheaper
Howard City
$708
Median Home Value
Addison
$132,700
8% cheaper
Howard City
$143,800
Population
Addison
585
Howard City
1,683

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Addison
Howard City $2.88
US $3.07
🥚
Eggs (grade A, large)
Addison
Howard City $2.35
US $2.50
🥛
Milk (whole)
Addison
Howard City $3.79
US $4.03
🍞
Bread (white)
Addison
Howard City $1.74
US $1.85
🍗
Chicken breast
Addison
Howard City $3.90
US $4.14
Electricity
Addison
Howard City $0.18
US $0.19