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Byron, MI vs Caledonia, MI

75
Byron
Michigan
VS
-18.6%
92
Caledonia
Michigan

There is a significant gap in the cost of living between these two cities. Byron is 18.6% cheaper than Caledonia. With a cost index of 75 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Byron to Caledonia should plan for substantially higher expenses across most categories.

On the housing front, median rent in Byron is $950/month compared to $1,057/month in Caledonia — a 10% difference. Home values follow the same pattern: Byron is more affordable at $177,500 median vs $325,100.

Median household income in Byron is $64,135 compared to $114,167 in Caledonia (-43.8%). While Caledonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Byron spend roughly 17.8% of their income on rent, more than the 11.1% in Caledonia.

Income & Cost

Cost of Living Index
Byron
75
19% cheaper
Caledonia
92
Median Household Income
Byron
$64,135
Caledonia
$114,167
44% higher

Housing

Median Rent
Byron
$950
10% cheaper
Caledonia
$1,057
Median Home Value
Byron
$177,500
45% cheaper
Caledonia
$325,100
Population
Byron
654
Caledonia
1,936

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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