Boyne City, MI vs Flat Rock, MI

Boyne City, MI and Flat Rock, MI have a very similar cost of living, with only a 2.8% difference in their overall index. Boyne City scores 79 while Flat Rock scores 81 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Boyne City is $893/month compared to $1,006/month in Flat Rock — a 11% difference. Interestingly, home values tell a different story: while Boyne City has cheaper rent, Flat Rock actually has lower median home values ($201,400 vs $233,900).

Median household income in Boyne City is $68,087 compared to $73,288 in Flat Rock (-7.1%). While Flat Rock is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boyne City spend roughly 15.7% of their income on rent, less than the 16.5% in Flat Rock.