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Alma, MI vs Inkster, MI

66
Alma
Michigan
VS
-12.1%
75
Inkster
Michigan

Alma is moderately more affordable than Inkster, with a 12.1% lower cost of living index. Alma scores 66 compared to 75 for Inkster, where the US average is 100. This difference means residents of Inkster can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alma is $791/month compared to $1,127/month in Inkster — a 30% difference. Interestingly, home values tell a different story: while Alma has cheaper rent, Inkster actually has lower median home values ($75,700 vs $108,100).

Median household income in Alma is $50,506 compared to $39,632 in Inkster (+27.4%). Alma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alma spend roughly 18.8% of their income on rent, less than the 34.1% in Inkster. The Alma ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Alma
66
12% cheaper
Inkster
75
Median Household Income
Alma
$50,506
22% higher
Inkster
$39,632

Housing

Median Rent
Alma
$791
30% cheaper
Inkster
$1,127
Median Home Value
Alma
$108,100
Inkster
$75,700
30% cheaper
Population
Alma
9,421
Inkster
25,602

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Alma
Inkster $3.00
US $3.07
🥚
Eggs (grade A, large)
Alma
Inkster $2.45
US $2.50
🥛
Milk (whole)
Alma
Inkster $3.94
US $4.03
🍞
Bread (white)
Alma
Inkster $1.81
US $1.85
🍗
Chicken breast
Alma
Inkster $4.06
US $4.14
Electricity
Alma
Inkster $0.20
US $0.19