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Baldwin, MI vs Rockwood, MI

61
Baldwin
Michigan
VS
-22.3%
78
Rockwood
Michigan

There is a significant gap in the cost of living between these two cities. Baldwin is 22.3% cheaper than Rockwood. With a cost index of 61 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Baldwin to Rockwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Baldwin is $646/month compared to $968/month in Rockwood — a 33% difference. Home values follow the same pattern: Baldwin is more affordable at $104,100 median vs $180,000.

Median household income in Baldwin is $23,631 compared to $85,391 in Rockwood (-72.3%). While Rockwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baldwin spend roughly 32.8% of their income on rent, more than the 13.6% in Rockwood. The Rockwood ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Baldwin
61
22% cheaper
Rockwood
78
Median Household Income
Baldwin
$23,631
Rockwood
$85,391
72% higher

Housing

Median Rent
Baldwin
$646
33% cheaper
Rockwood
$968
Median Home Value
Baldwin
$104,100
42% cheaper
Rockwood
$180,000
Population
Baldwin
1,161
Rockwood
3,189

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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