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Cheboygan, MI vs Ionia, MI

65
Cheboygan
Michigan
VS
-7.9%
70
Ionia
Michigan

Cheboygan is moderately more affordable than Ionia, with a 7.9% lower cost of living index. Cheboygan scores 65 compared to 70 for Ionia, where the US average is 100. This difference means residents of Ionia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cheboygan is $733/month compared to $789/month in Ionia — a 7% difference. Home values follow the same pattern: Cheboygan is more affordable at $118,700 median vs $161,100.

Median household income in Cheboygan is $41,338 compared to $60,729 in Ionia (-31.9%). While Ionia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheboygan spend roughly 21.3% of their income on rent, more than the 15.6% in Ionia.

Income & Cost

Cost of Living Index
Cheboygan
65
8% cheaper
Ionia
70
Median Household Income
Cheboygan
$41,338
Ionia
$60,729
32% higher

Housing

Median Rent
Cheboygan
$733
7% cheaper
Ionia
$789
Median Home Value
Cheboygan
$118,700
26% cheaper
Ionia
$161,100
Population
Cheboygan
4,801
Ionia
12,950

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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