Durand, MI vs Luna Pier, MI

Luna Pier is moderately more affordable than Durand, with a 14.7% lower cost of living index. Durand scores 68 compared to 59 for Luna Pier, where the US average is 100. This difference means residents of Durand can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Durand is $865/month compared to $397/month in Luna Pier — a 118% difference. Interestingly, home values tell a different story: while Luna Pier has cheaper rent, Durand actually has lower median home values ($123,900 vs $176,000).

Median household income in Durand is $60,032 compared to $51,830 in Luna Pier (+15.8%). While Durand is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Durand spend roughly 17.3% of their income on rent, more than the 9.2% in Luna Pier.