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Bessemer, MI vs Eaton Rapids, MI

54
Bessemer
Michigan
VS
-25.2%
73
Eaton Rapids
Michigan

There is a significant gap in the cost of living between these two cities. Bessemer is 25.2% cheaper than Eaton Rapids. With a cost index of 54 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bessemer to Eaton Rapids should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bessemer is $504/month compared to $944/month in Eaton Rapids — a 47% difference. Home values follow the same pattern: Bessemer is more affordable at $76,100 median vs $140,600.

Median household income in Bessemer is $50,792 compared to $63,618 in Eaton Rapids (-20.2%). The higher salaries in Eaton Rapids partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bessemer spend roughly 11.9% of their income on rent, less than the 17.8% in Eaton Rapids.

Income & Cost

Cost of Living Index
Bessemer
54
25% cheaper
Eaton Rapids
73
Median Household Income
Bessemer
$50,792
Eaton Rapids
$63,618
20% higher

Housing

Median Rent
Bessemer
$504
47% cheaper
Eaton Rapids
$944
Median Home Value
Bessemer
$76,100
46% cheaper
Eaton Rapids
$140,600
Population
Bessemer
1,778
Eaton Rapids
5,197

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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