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Chums Corner, MI vs Palmer, MI

95
Chums Corner
Michigan
VS
+19.8%
79
Palmer
Michigan

There is a significant gap in the cost of living between these two cities. Palmer is 19.8% cheaper than Chums Corner. With a cost index of 79 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Palmer to Chums Corner should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Chums Corner are $279,200 compared to $74,700 in Palmer, a 274% gap.

Median household income in Chums Corner is $72,933 compared to $64,000 in Palmer (+14%). The higher salaries in Chums Corner partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Chums Corner
95
Palmer
79
17% cheaper
Median Household Income
Chums Corner
$72,933
12% higher
Palmer
$64,000

Housing

Median Rent
Chums Corner
Palmer
Median Home Value
Chums Corner
$279,200
Palmer
$74,700
73% cheaper
Population
Chums Corner
1,012
Palmer
342

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chums Corner $2.88
Palmer
US $3.07
🥚
Eggs (grade A, large)
Chums Corner $2.35
Palmer
US $2.50
🥛
Milk (whole)
Chums Corner $3.79
Palmer
US $4.03
🍞
Bread (white)
Chums Corner $1.74
Palmer
US $1.85
🍗
Chicken breast
Chums Corner $3.90
Palmer
US $4.14
Electricity
Chums Corner $0.17
Palmer
US $0.19