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Baraga, MI vs Houghton Lake, MI

54
Baraga
Michigan
VS
-18.9%
67
Houghton Lake
Michigan

There is a significant gap in the cost of living between these two cities. Baraga is 18.9% cheaper than Houghton Lake. With a cost index of 54 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Baraga to Houghton Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Baraga is $434/month compared to $791/month in Houghton Lake — a 45% difference. Home values follow the same pattern: Baraga is more affordable at $101,000 median vs $122,800.

Median household income in Baraga is $39,297 compared to $50,861 in Houghton Lake (-22.7%). While Houghton Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baraga spend roughly 13.3% of their income on rent, less than the 18.7% in Houghton Lake.

Income & Cost

Cost of Living Index
Baraga
54
19% cheaper
Houghton Lake
67
Median Household Income
Baraga
$39,297
Houghton Lake
$50,861
23% higher

Housing

Median Rent
Baraga
$434
45% cheaper
Houghton Lake
$791
Median Home Value
Baraga
$101,000
18% cheaper
Houghton Lake
$122,800
Population
Baraga
1,948
Houghton Lake
5,761

Salary Equivalency Calculator

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