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Bessemer, MI vs Frankenmuth, MI

54
Bessemer
Michigan
VS
-30.9%
79
Frankenmuth
Michigan

The cost of living difference between Bessemer, MI and Frankenmuth, MI is dramatic. Bessemer is 30.9% cheaper than Frankenmuth, a gap that translates to thousands of dollars per year in household expenses. Bessemer has a cost index of 54 while Frankenmuth sits at 79, 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 Bessemer is $504/month compared to $814/month in Frankenmuth — a 38% difference. Home values follow the same pattern: Bessemer is more affordable at $76,100 median vs $277,600.

Median household income in Bessemer is $50,792 compared to $84,583 in Frankenmuth (-40%). While Frankenmuth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bessemer spend roughly 11.9% of their income on rent, more than the 11.5% in Frankenmuth.

Income & Cost

Cost of Living Index
Bessemer
54
31% cheaper
Frankenmuth
79
Median Household Income
Bessemer
$50,792
Frankenmuth
$84,583
40% higher

Housing

Median Rent
Bessemer
$504
38% cheaper
Frankenmuth
$814
Median Home Value
Bessemer
$76,100
73% cheaper
Frankenmuth
$277,600
Population
Bessemer
1,778
Frankenmuth
5,108

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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