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Augusta, MI vs Morenci, MI

69
Augusta
Michigan
VS
+9.6%
63
Morenci
Michigan

Morenci is moderately more affordable than Augusta, with a 9.6% lower cost of living index. Augusta scores 69 compared to 63 for Morenci, where the US average is 100. This difference means residents of Augusta can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Augusta is $816/month compared to $732/month in Morenci — a 12% difference. Home values follow the same pattern: Morenci is more affordable at $93,800 median vs $135,200.

Median household income in Augusta is $58,958 compared to $58,438 in Morenci (+0.9%). Augusta does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Augusta spend roughly 16.6% of their income on rent, more than the 15% in Morenci.

Income & Cost

Cost of Living Index
Augusta
69
Morenci
63
9% cheaper
Median Household Income
Augusta
$58,958
1% higher
Morenci
$58,438

Housing

Median Rent
Augusta
$816
Morenci
$732
10% cheaper
Median Home Value
Augusta
$135,200
Morenci
$93,800
31% cheaper
Population
Augusta
726
Morenci
2,149

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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