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Bay Port, MI vs Falmouth, MI

63
Bay Port
Michigan
VS
-8.3%
69
Falmouth
Michigan

Bay Port is moderately more affordable than Falmouth, with a 8.3% lower cost of living index. Bay Port scores 63 compared to 69 for Falmouth, where the US average is 100. This difference means residents of Falmouth can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bay Port is $675/month compared to $850/month in Falmouth — a 21% difference. Home values follow the same pattern: Bay Port is more affordable at $119,200 median vs $124,000.

Median household income in Bay Port is $50,313 compared to $26,058 in Falmouth (+93.1%). Bay Port offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bay Port spend roughly 16.1% of their income on rent, less than the 39.1% in Falmouth. The Bay Port ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Bay Port
63
8% cheaper
Falmouth
69
Median Household Income
Bay Port
$50,313
48% higher
Falmouth
$26,058

Housing

Median Rent
Bay Port
$675
21% cheaper
Falmouth
$850
Median Home Value
Bay Port
$119,200
4% cheaper
Falmouth
$124,000
Population
Bay Port
558
Falmouth
189

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