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Cheboygan, MI vs Escanaba, MI

65
Cheboygan
Michigan
VS
+3.8%
62
Escanaba
Michigan

Cheboygan, MI and Escanaba, MI have a very similar cost of living, with only a 3.8% difference in their overall index. Cheboygan scores 65 while Escanaba scores 62 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 Cheboygan is $733/month compared to $661/month in Escanaba — a 11% difference. Home values follow the same pattern: Escanaba is more affordable at $116,600 median vs $118,700.

Median household income in Cheboygan is $41,338 compared to $40,169 in Escanaba (+2.9%). The higher salaries in Cheboygan partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cheboygan spend roughly 21.3% of their income on rent, more than the 19.7% in Escanaba.

Income & Cost

Cost of Living Index
Cheboygan
65
Escanaba
62
4% cheaper
Median Household Income
Cheboygan
$41,338
3% higher
Escanaba
$40,169

Housing

Median Rent
Cheboygan
$733
Escanaba
$661
10% cheaper
Median Home Value
Cheboygan
$118,700
Escanaba
$116,600
2% cheaper
Population
Cheboygan
4,801
Escanaba
12,374

Salary Equivalency Calculator

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