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Charlotte, MI vs Mount Morris, MI

68
Charlotte
Michigan
VS
+4.5%
65
Mount Morris
Michigan

Charlotte, MI and Mount Morris, MI have a very similar cost of living, with only a 4.5% difference in their overall index. Charlotte scores 68 while Mount Morris scores 65 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 Charlotte is $779/month compared to $884/month in Mount Morris — a 12% difference. Interestingly, home values tell a different story: while Charlotte has cheaper rent, Mount Morris actually has lower median home values ($79,500 vs $140,500).

Median household income in Charlotte is $63,385 compared to $42,886 in Mount Morris (+47.8%). While Charlotte is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Charlotte spend roughly 14.7% of their income on rent, less than the 24.7% in Mount Morris.

Income & Cost

Cost of Living Index
Charlotte
68
Mount Morris
65
4% cheaper
Median Household Income
Charlotte
$63,385
32% higher
Mount Morris
$42,886

Housing

Median Rent
Charlotte
$779
12% cheaper
Mount Morris
$884
Median Home Value
Charlotte
$140,500
Mount Morris
$79,500
43% cheaper
Population
Charlotte
9,269
Mount Morris
3,130

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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