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Benzonia, MI vs Oakley, MI

87
Benzonia
Michigan
VS
+43.8%
60
Oakley
Michigan

The cost of living difference between Benzonia, MI and Oakley, MI is dramatic. Oakley is 43.8% cheaper than Benzonia, a gap that translates to thousands of dollars per year in household expenses. Benzonia has a cost index of 87 while Oakley sits at 60, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Benzonia is $1,292/month compared to $745/month in Oakley — a 73% difference. Home values follow the same pattern: Oakley is more affordable at $80,400 median vs $195,800.

Median household income in Benzonia is $61,161 compared to $50,417 in Oakley (+21.3%). Benzonia does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Benzonia spend roughly 25.3% of their income on rent, more than the 17.7% in Oakley.

Income & Cost

Cost of Living Index
Benzonia
87
Oakley
60
30% cheaper
Median Household Income
Benzonia
$61,161
18% higher
Oakley
$50,417

Housing

Median Rent
Benzonia
$1,292
Oakley
$745
42% cheaper
Median Home Value
Benzonia
$195,800
Oakley
$80,400
59% cheaper
Population
Benzonia
735
Oakley
255

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Benzonia $2.88
Oakley $2.88
US $3.07
🥚
Eggs (grade A, large)
Benzonia $2.35
Oakley $2.35
US $2.50
🥛
Milk (whole)
Benzonia $3.79
Oakley $3.79
US $4.03
🍞
Bread (white)
Benzonia $1.74
Oakley $1.74
US $1.85
🍗
Chicken breast
Benzonia $3.90
Oakley $3.90
US $4.14
Electricity
Benzonia $0.17
Oakley $0.18
US $0.19