Boyne Falls, MI vs Chassell, MI

Boyne Falls, MI and Chassell, MI have a very similar cost of living, with only a 3.6% difference in their overall index. Boyne Falls scores 71 while Chassell scores 68 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 Falls is $821/month compared to $711/month in Chassell — a 16% difference. Interestingly, home values tell a different story: while Chassell has cheaper rent, Boyne Falls actually has lower median home values ($160,400 vs $170,700).

Median household income in Boyne Falls is $46,250 compared to $55,417 in Chassell (-16.5%). Chassell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Boyne Falls spend roughly 21.3% of their income on rent, more than the 15.4% in Chassell.