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Burr Oak, MI vs Port Hope, MI

72
Burr Oak
Michigan
VS
+15.4%
63
Port Hope
Michigan

There is a significant gap in the cost of living between these two cities. Port Hope is 15.4% cheaper than Burr Oak. With a cost index of 63 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Port Hope to Burr Oak should plan for substantially higher expenses across most categories.

On the housing front, median rent in Burr Oak is $1,022/month compared to $750/month in Port Hope — a 36% difference. Home values follow the same pattern: Port Hope is more affordable at $84,600 median vs $101,300.

Median household income in Burr Oak is $62,625 compared to $51,250 in Port Hope (+22.2%). While Burr Oak is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burr Oak spend roughly 19.6% of their income on rent, more than the 17.6% in Port Hope.

Income & Cost

Cost of Living Index
Burr Oak
72
Port Hope
63
13% cheaper
Median Household Income
Burr Oak
$62,625
18% higher
Port Hope
$51,250

Housing

Median Rent
Burr Oak
$1,022
Port Hope
$750
27% cheaper
Median Home Value
Burr Oak
$101,300
Port Hope
$84,600
16% cheaper
Population
Burr Oak
867
Port Hope
297

Salary Equivalency Calculator

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