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Coloma, MI vs Manistee Lake, MI

74
Coloma
Michigan
VS
-12.8%
84
Manistee Lake
Michigan

Coloma is moderately more affordable than Manistee Lake, with a 12.8% lower cost of living index. Coloma scores 74 compared to 84 for Manistee Lake, where the US average is 100. This difference means residents of Manistee Lake can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Coloma are $160,400 compared to $153,600 in Manistee Lake, a 4% gap.

Median household income in Coloma is $62,778 compared to $52,917 in Manistee Lake (+18.6%). Coloma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Coloma
74
13% cheaper
Manistee Lake
84
Median Household Income
Coloma
$62,778
16% higher
Manistee Lake
$52,917

Housing

Median Rent
Coloma
$956
Manistee Lake
Median Home Value
Coloma
$160,400
Manistee Lake
$153,600
4% cheaper
Population
Coloma
1,051
Manistee Lake
364

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Coloma $2.88
Manistee Lake $2.88
US $3.07
🥚
Eggs (grade A, large)
Coloma $2.35
Manistee Lake $2.35
US $2.50
🥛
Milk (whole)
Coloma $3.79
Manistee Lake $3.79
US $4.03
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Bread (white)
Coloma $1.74
Manistee Lake $1.74
US $1.85
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Chicken breast
Coloma $3.90
Manistee Lake $3.90
US $4.14
Electricity
Coloma $0.18
Manistee Lake $0.17
US $0.19