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Buchanan, MI vs Quincy, MI

72
Buchanan
Michigan
VS
+9.1%
66
Quincy
Michigan

Quincy is moderately more affordable than Buchanan, with a 9.1% lower cost of living index. Buchanan scores 72 compared to 66 for Quincy, where the US average is 100. This difference means residents of Buchanan can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Buchanan is $952/month compared to $778/month in Quincy — a 22% difference. Home values follow the same pattern: Quincy is more affordable at $111,800 median vs $138,400.

Median household income in Buchanan is $54,068 compared to $59,079 in Quincy (-8.5%). Quincy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Buchanan spend roughly 21.1% of their income on rent, more than the 15.8% in Quincy.

Income & Cost

Cost of Living Index
Buchanan
72
Quincy
66
8% cheaper
Median Household Income
Buchanan
$54,068
Quincy
$59,079
8% higher

Housing

Median Rent
Buchanan
$952
Quincy
$778
18% cheaper
Median Home Value
Buchanan
$138,400
Quincy
$111,800
19% cheaper
Population
Buchanan
4,259
Quincy
1,487

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Buchanan $2.88
Quincy
US $3.07
🥚
Eggs (grade A, large)
Buchanan $2.35
Quincy
US $2.50
🥛
Milk (whole)
Buchanan $3.79
Quincy
US $4.03
🍞
Bread (white)
Buchanan $1.74
Quincy
US $1.85
🍗
Chicken breast
Buchanan $3.90
Quincy
US $4.14
Electricity
Buchanan $0.18
Quincy
US $0.19