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Baldwin, MI vs Palo, MI

61
Baldwin
Michigan
VS
-24.6%
81
Palo
Michigan

There is a significant gap in the cost of living between these two cities. Baldwin is 24.6% cheaper than Palo. With a cost index of 61 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Baldwin to Palo should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Baldwin are $104,100 compared to $92,600 in Palo, a 12% gap.

Median household income in Baldwin is $23,631 compared to $34,403 in Palo (-31.3%). While Palo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Baldwin
61
25% cheaper
Palo
81
Median Household Income
Baldwin
$23,631
Palo
$34,403
31% higher

Housing

Median Rent
Baldwin
$646
Palo
Median Home Value
Baldwin
$104,100
Palo
$92,600
11% cheaper
Population
Baldwin
1,161
Palo
409

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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