Burton, MI vs Fraser, MI

Burton, MI and Fraser, MI have a very similar cost of living, with only a 3.5% difference in their overall index. Burton scores 73 while Fraser scores 75 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 Burton is $1,006/month compared to $827/month in Fraser — a 22% difference. Interestingly, home values tell a different story: while Fraser has cheaper rent, Burton actually has lower median home values ($131,200 vs $193,600).

Median household income in Burton is $57,767 compared to $61,118 in Fraser (-5.5%). While Fraser is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Burton spend roughly 20.9% of their income on rent, more than the 16.2% in Fraser.