Alma, MI vs Durand, MI

Alma, MI and Durand, MI have a very similar cost of living, with only a 3.1% difference in their overall index. Alma scores 66 while Durand scores 68 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 Alma is $791/month compared to $865/month in Durand — a 9% difference. Home values follow the same pattern: Alma is more affordable at $108,100 median vs $123,900.

Median household income in Alma is $50,506 compared to $60,032 in Durand (-15.9%). While Durand is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 18.8% of their income on rent, more than the 17.3% in Durand.