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Edgemont Park, MI vs McBain, MI

69
Edgemont Park
Michigan
VS
+28.7%
54
McBain
Michigan

There is a significant gap in the cost of living between these two cities. McBain is 28.7% cheaper than Edgemont Park. With a cost index of 54 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from McBain to Edgemont Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgemont Park is $776/month compared to $380/month in McBain — a 104% difference. Home values follow the same pattern: McBain is more affordable at $116,100 median vs $161,800.

Median household income in Edgemont Park is $62,120 compared to $46,786 in McBain (+32.8%). While Edgemont Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgemont Park spend roughly 15% of their income on rent, more than the 9.7% in McBain.

Income & Cost

Cost of Living Index
Edgemont Park
69
McBain
54
22% cheaper
Median Household Income
Edgemont Park
$62,120
25% higher
McBain
$46,786

Housing

Median Rent
Edgemont Park
$776
McBain
$380
51% cheaper
Median Home Value
Edgemont Park
$161,800
McBain
$116,100
28% cheaper
Population
Edgemont Park
2,367
McBain
825

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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