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Durand, MI vs Schoolcraft, MI

68
Durand
Michigan
VS
-10.9%
76
Schoolcraft
Michigan

Durand is moderately more affordable than Schoolcraft, with a 10.9% lower cost of living index. Durand scores 68 compared to 76 for Schoolcraft, where the US average is 100. This difference means residents of Schoolcraft 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 $863/month in Schoolcraft — a 0% difference. Interestingly, home values tell a different story: while Schoolcraft has cheaper rent, Durand actually has lower median home values ($123,900 vs $208,300).

Median household income in Durand is $60,032 compared to $82,813 in Schoolcraft (-27.5%). While Schoolcraft 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 12.5% in Schoolcraft.

Income & Cost

Cost of Living Index
Durand
68
11% cheaper
Schoolcraft
76
Median Household Income
Durand
$60,032
Schoolcraft
$82,813
28% higher

Housing

Median Rent
Durand
$865
Schoolcraft
$863
Median Home Value
Durand
$123,900
41% cheaper
Schoolcraft
$208,300
Population
Durand
3,485
Schoolcraft
1,268

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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