Dearborn, MI vs Kentwood, MI

Dearborn, MI and Kentwood, MI have a very similar cost of living, with only a 0.7% difference in their overall index. Dearborn scores 90 while Kentwood scores 90 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 Dearborn is $1,264/month compared to $1,205/month in Kentwood — a 5% difference. Interestingly, home values tell a different story: while Kentwood has cheaper rent, Dearborn actually has lower median home values ($205,900 vs $249,000).

Median household income in Dearborn is $65,192 compared to $73,647 in Kentwood (-11.5%). While Kentwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dearborn spend roughly 23.3% of their income on rent, more than the 19.6% in Kentwood.