Cheboygan, MI vs Tawas City, MI

Cheboygan, MI and Tawas City, MI have a very similar cost of living, with only a 4.1% difference in their overall index. Cheboygan scores 65 while Tawas City scores 68 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 $810/month in Tawas City — a 10% difference. Home values follow the same pattern: Cheboygan is more affordable at $118,700 median vs $124,000.

Median household income in Cheboygan is $41,338 compared to $46,797 in Tawas City (-11.7%). While Tawas City 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 20.8% in Tawas City.