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Bingham Farms, MI vs Martin, MI

121
Bingham Farms
Michigan
VS
+114.8%
56
Martin
Michigan

The cost of living difference between Bingham Farms, MI and Martin, MI is dramatic. Martin is 114.8% cheaper than Bingham Farms, a gap that translates to thousands of dollars per year in household expenses. Bingham Farms has a cost index of 121 while Martin sits at 56, 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.

When it comes to buying, median home values in Bingham Farms are $570,900 compared to $161,700 in Martin, a 253% gap.

Median household income in Bingham Farms is $218,750 compared to $56,818 in Martin (+285%). While Bingham Farms is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Bingham Farms
121
Martin
56
53% cheaper
Median Household Income
Bingham Farms
$218,750
74% higher
Martin
$56,818

Housing

Median Rent
Bingham Farms
Martin
$339
Median Home Value
Bingham Farms
$570,900
Martin
$161,700
72% cheaper
Population
Bingham Farms
1,652
Martin
570

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bingham Farms $3.00
Martin
US $3.07
🥚
Eggs (grade A, large)
Bingham Farms $2.45
Martin
US $2.50
🥛
Milk (whole)
Bingham Farms $3.94
Martin
US $4.03
🍞
Bread (white)
Bingham Farms $1.81
Martin
US $1.85
🍗
Chicken breast
Bingham Farms $4.06
Martin
US $4.14
Electricity
Bingham Farms $0.20
Martin
US $0.19