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Dundee, MI vs Parchment, MI

86
Dundee
Michigan
VS
+9%
79
Parchment
Michigan

Parchment is moderately more affordable than Dundee, with a 9% lower cost of living index. Dundee scores 86 compared to 79 for Parchment, where the US average is 100. This difference means residents of Dundee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dundee is $1,120/month compared to $1,024/month in Parchment — a 9% difference. Home values follow the same pattern: Parchment is more affordable at $178,400 median vs $233,000.

Median household income in Dundee is $71,058 compared to $54,572 in Parchment (+30.2%). While Dundee is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dundee spend roughly 18.9% of their income on rent, less than the 22.5% in Parchment.

Income & Cost

Cost of Living Index
Dundee
86
Parchment
79
8% cheaper
Median Household Income
Dundee
$71,058
23% higher
Parchment
$54,572

Housing

Median Rent
Dundee
$1,120
Parchment
$1,024
9% cheaper
Median Home Value
Dundee
$233,000
Parchment
$178,400
23% cheaper
Population
Dundee
5,584
Parchment
2,012

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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