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Carney, MI vs Martin, MI

69
Carney
Michigan
VS
+22.9%
56
Martin
Michigan

There is a significant gap in the cost of living between these two cities. Martin is 22.9% cheaper than Carney. With a cost index of 56 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Martin to Carney should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carney is $890/month compared to $339/month in Martin — a 163% difference. Interestingly, home values tell a different story: while Martin has cheaper rent, Carney actually has lower median home values ($115,500 vs $161,700).

Median household income in Carney is $46,250 compared to $56,818 in Martin (-18.6%). Martin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carney spend roughly 23.1% of their income on rent, more than the 7.2% in Martin.

Income & Cost

Cost of Living Index
Carney
69
Martin
56
19% cheaper
Median Household Income
Carney
$46,250
Martin
$56,818
19% higher

Housing

Median Rent
Carney
$890
Martin
$339
62% cheaper
Median Home Value
Carney
$115,500
29% cheaper
Martin
$161,700
Population
Carney
198
Martin
570

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