Cheboygan, MI vs New Baltimore, MI

The cost of living difference between Cheboygan, MI and New Baltimore, MI is dramatic. Cheboygan is 30% cheaper than New Baltimore, a gap that translates to thousands of dollars per year in household expenses. Cheboygan has a cost index of 65 while New Baltimore sits at 93, 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 Cheboygan is $733/month compared to $1,081/month in New Baltimore — a 32% difference. Home values follow the same pattern: Cheboygan is more affordable at $118,700 median vs $309,800.

Median household income in Cheboygan is $41,338 compared to $97,027 in New Baltimore (-57.4%). While New Baltimore 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 13.4% in New Baltimore.