Bessemer, MI vs Freeport, MI

There is a significant gap in the cost of living between these two cities. Bessemer is 28.7% cheaper than Freeport. With a cost index of 54 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bessemer to Freeport should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bessemer is $504/month compared to $1,000/month in Freeport — a 50% difference. Home values follow the same pattern: Bessemer is more affordable at $76,100 median vs $154,900.

Median household income in Bessemer is $50,792 compared to $72,868 in Freeport (-30.3%). While Freeport 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, less than the 16.5% in Freeport.