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Chassell, MI vs Franklin, MI

68
Chassell
Michigan
VS
-63.6%
188
Franklin
Michigan

The cost of living difference between Chassell, MI and Franklin, MI is dramatic. Chassell is 63.6% cheaper than Franklin, a gap that translates to thousands of dollars per year in household expenses. Chassell has a cost index of 68 while Franklin sits at 188, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Chassell is $711/month compared to $3,175/month in Franklin — a 78% difference. Home values follow the same pattern: Chassell is more affordable at $170,700 median vs $696,700.

Median household income in Chassell is $55,417 compared to $176,571 in Franklin (-68.6%). While Franklin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chassell spend roughly 15.4% of their income on rent, less than the 21.6% in Franklin.

Income & Cost

Cost of Living Index
Chassell
68
64% cheaper
Franklin
188
Median Household Income
Chassell
$55,417
Franklin
$176,571
69% higher

Housing

Median Rent
Chassell
$711
78% cheaper
Franklin
$3,175
Median Home Value
Chassell
$170,700
75% cheaper
Franklin
$696,700
Population
Chassell
905
Franklin
2,610

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chassell
Franklin $3.00
US $3.07
🥚
Eggs (grade A, large)
Chassell
Franklin $2.45
US $2.50
🥛
Milk (whole)
Chassell
Franklin $3.94
US $4.03
🍞
Bread (white)
Chassell
Franklin $1.81
US $1.85
🍗
Chicken breast
Chassell
Franklin $4.06
US $4.14
Electricity
Chassell
Franklin $0.20
US $0.19