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Bessemer, MI vs Unionville, MI

54
Bessemer
Michigan
VS
-29.7%
77
Unionville
Michigan

There is a significant gap in the cost of living between these two cities. Bessemer is 29.7% cheaper than Unionville. With a cost index of 54 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bessemer to Unionville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bessemer is $504/month compared to $1,196/month in Unionville — a 58% difference. Home values follow the same pattern: Bessemer is more affordable at $76,100 median vs $100,300.

Median household income in Bessemer is $50,792 compared to $74,356 in Unionville (-31.7%). While Unionville 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 19.3% in Unionville.

Income & Cost

Cost of Living Index
Bessemer
54
30% cheaper
Unionville
77
Median Household Income
Bessemer
$50,792
Unionville
$74,356
32% higher

Housing

Median Rent
Bessemer
$504
58% cheaper
Unionville
$1,196
Median Home Value
Bessemer
$76,100
24% cheaper
Unionville
$100,300
Population
Bessemer
1,778
Unionville
627

Salary Equivalency Calculator

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