Decatur, MI vs New Lothrop, MI

Decatur, MI and New Lothrop, MI have a very similar cost of living, with only a 4.4% difference in their overall index. Decatur scores 66 while New Lothrop scores 69 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 Decatur is $779/month compared to $750/month in New Lothrop — a 4% difference. Interestingly, home values tell a different story: while New Lothrop has cheaper rent, Decatur actually has lower median home values ($121,900 vs $178,100).

Median household income in Decatur is $58,281 compared to $78,500 in New Lothrop (-25.8%). While New Lothrop is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Decatur spend roughly 16% of their income on rent, more than the 11.5% in New Lothrop.