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Charlevoix, MI vs Fair Plain, MI

84
Charlevoix
Michigan
VS
+13.8%
74
Fair Plain
Michigan

Fair Plain is moderately more affordable than Charlevoix, with a 13.8% lower cost of living index. Charlevoix scores 84 compared to 74 for Fair Plain, where the US average is 100. This difference means residents of Charlevoix can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Charlevoix is $880/month compared to $989/month in Fair Plain — a 11% difference. Interestingly, home values tell a different story: while Charlevoix has cheaper rent, Fair Plain actually has lower median home values ($147,800 vs $294,400).

Median household income in Charlevoix is $52,344 compared to $55,536 in Fair Plain (-5.7%). Fair Plain offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Charlevoix spend roughly 20.2% of their income on rent, less than the 21.4% in Fair Plain.

Income & Cost

Cost of Living Index
Charlevoix
84
Fair Plain
74
12% cheaper
Median Household Income
Charlevoix
$52,344
Fair Plain
$55,536
6% higher

Housing

Median Rent
Charlevoix
$880
11% cheaper
Fair Plain
$989
Median Home Value
Charlevoix
$294,400
Fair Plain
$147,800
50% cheaper
Population
Charlevoix
2,420
Fair Plain
6,992

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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