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Bessemer, MI vs Davison, MI

54
Bessemer
Michigan
VS
-23.5%
71
Davison
Michigan

There is a significant gap in the cost of living between these two cities. Bessemer is 23.5% cheaper than Davison. With a cost index of 54 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bessemer to Davison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bessemer is $504/month compared to $858/month in Davison — a 41% difference. Home values follow the same pattern: Bessemer is more affordable at $76,100 median vs $166,100.

Median household income in Bessemer is $50,792 compared to $50,450 in Davison (+0.7%). Bessemer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bessemer spend roughly 11.9% of their income on rent, less than the 20.4% in Davison.

Income & Cost

Cost of Living Index
Bessemer
54
24% cheaper
Davison
71
Median Household Income
Bessemer
$50,792
1% higher
Davison
$50,450

Housing

Median Rent
Bessemer
$504
41% cheaper
Davison
$858
Median Home Value
Bessemer
$76,100
54% cheaper
Davison
$166,100
Population
Bessemer
1,778
Davison
5,082

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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