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Bay Port, MI vs Morrice, MI

63
Bay Port
Michigan
VS
-15.2%
74
Morrice
Michigan

There is a significant gap in the cost of living between these two cities. Bay Port is 15.2% cheaper than Morrice. With a cost index of 63 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bay Port to Morrice should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bay Port is $675/month compared to $1,060/month in Morrice — a 36% difference. Interestingly, home values tell a different story: while Bay Port has cheaper rent, Morrice actually has lower median home values ($114,900 vs $119,200).

Median household income in Bay Port is $50,313 compared to $63,611 in Morrice (-20.9%). While Morrice is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bay Port spend roughly 16.1% of their income on rent, less than the 20% in Morrice.

Income & Cost

Cost of Living Index
Bay Port
63
15% cheaper
Morrice
74
Median Household Income
Bay Port
$50,313
Morrice
$63,611
21% higher

Housing

Median Rent
Bay Port
$675
36% cheaper
Morrice
$1,060
Median Home Value
Bay Port
$119,200
Morrice
$114,900
4% cheaper
Population
Bay Port
558
Morrice
1,647

Salary Equivalency Calculator

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