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Alma, MI vs Paw Paw, MI

66
Alma
Michigan
VS
-2.4%
67
Paw Paw
Michigan

Alma, MI and Paw Paw, MI have a very similar cost of living, with only a 2.4% difference in their overall index. Alma scores 66 while Paw Paw 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 Alma is $791/month compared to $775/month in Paw Paw — a 2% difference. Interestingly, home values tell a different story: while Paw Paw has cheaper rent, Alma actually has lower median home values ($108,100 vs $133,600).

Median household income in Alma is $50,506 compared to $38,989 in Paw Paw (+29.5%). 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 23.9% in Paw Paw.

Income & Cost

Cost of Living Index
Alma
66
2% cheaper
Paw Paw
67
Median Household Income
Alma
$50,506
23% higher
Paw Paw
$38,989

Housing

Median Rent
Alma
$791
Paw Paw
$775
2% cheaper
Median Home Value
Alma
$108,100
19% cheaper
Paw Paw
$133,600
Population
Alma
9,421
Paw Paw
3,277

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