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Bay City, MI vs Hazel Park, MI

62
Bay City
Michigan
VS
-25.9%
83
Hazel Park
Michigan

There is a significant gap in the cost of living between these two cities. Bay City is 25.9% cheaper than Hazel Park. With a cost index of 62 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bay City to Hazel Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bay City is $739/month compared to $1,221/month in Hazel Park — a 40% difference. Home values follow the same pattern: Bay City is more affordable at $89,900 median vs $141,200.

Median household income in Bay City is $47,904 compared to $62,878 in Hazel Park (-23.8%). The higher salaries in Hazel Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bay City spend roughly 18.5% of their income on rent, less than the 23.3% in Hazel Park.

Income & Cost

Cost of Living Index
Bay City
62
26% cheaper
Hazel Park
83
Median Household Income
Bay City
$47,904
Hazel Park
$62,878
24% higher

Housing

Median Rent
Bay City
$739
39% cheaper
Hazel Park
$1,221
Median Home Value
Bay City
$89,900
36% cheaper
Hazel Park
$141,200
Population
Bay City
32,445
Hazel Park
14,945

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bay City $2.88
Hazel Park $3.00
US $3.07
🥚
Eggs (grade A, large)
Bay City $2.35
Hazel Park $2.45
US $2.50
🥛
Milk (whole)
Bay City $3.79
Hazel Park $3.94
US $4.03
🍞
Bread (white)
Bay City $1.74
Hazel Park $1.81
US $1.85
🍗
Chicken breast
Bay City $3.90
Hazel Park $4.06
US $4.14
Electricity
Bay City $0.18
Hazel Park $0.20
US $0.19