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Chelsea, MI vs Grosse Pointe Woods, MI

106
Chelsea
Michigan
VS
-7.2%
114
Grosse Pointe Woods
Michigan

Chelsea is moderately more affordable than Grosse Pointe Woods, with a 7.2% lower cost of living index. Chelsea scores 106 compared to 114 for Grosse Pointe Woods, where the US average is 100. This difference means residents of Grosse Pointe Woods can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chelsea is $1,543/month compared to $1,755/month in Grosse Pointe Woods — a 12% difference. Home values follow the same pattern: Chelsea is more affordable at $301,100 median vs $322,500.

Median household income in Chelsea is $71,702 compared to $129,442 in Grosse Pointe Woods (-44.6%). While Grosse Pointe Woods is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chelsea spend roughly 25.8% of their income on rent, more than the 16.3% in Grosse Pointe Woods.

Income & Cost

Cost of Living Index
Chelsea
106
7% cheaper
Grosse Pointe Woods
114
Median Household Income
Chelsea
$71,702
Grosse Pointe Woods
$129,442
45% higher

Housing

Median Rent
Chelsea
$1,543
12% cheaper
Grosse Pointe Woods
$1,755
Median Home Value
Chelsea
$301,100
7% cheaper
Grosse Pointe Woods
$322,500
Population
Chelsea
5,420
Grosse Pointe Woods
16,177

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chelsea $2.88
Grosse Pointe Woods $3.00
US $3.07
🥚
Eggs (grade A, large)
Chelsea $2.35
Grosse Pointe Woods $2.45
US $2.50
🥛
Milk (whole)
Chelsea $3.79
Grosse Pointe Woods $3.94
US $4.03
🍞
Bread (white)
Chelsea $1.74
Grosse Pointe Woods $1.81
US $1.85
🍗
Chicken breast
Chelsea $3.90
Grosse Pointe Woods $4.06
US $4.14
Electricity
Chelsea $0.18
Grosse Pointe Woods $0.20
US $0.19