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Edgemont Park, MI vs Pellston, MI

69
Edgemont Park
Michigan
VS
-5.2%
73
Pellston
Michigan

Edgemont Park is moderately more affordable than Pellston, with a 5.2% lower cost of living index. Edgemont Park scores 69 compared to 73 for Pellston, where the US average is 100. This difference means residents of Pellston can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Edgemont Park is $776/month compared to $1,013/month in Pellston — a 23% difference. Interestingly, home values tell a different story: while Edgemont Park has cheaper rent, Pellston actually has lower median home values ($117,100 vs $161,800).

Median household income in Edgemont Park is $62,120 compared to $59,464 in Pellston (+4.5%). Edgemont Park offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgemont Park spend roughly 15% of their income on rent, less than the 20.4% in Pellston.

Income & Cost

Cost of Living Index
Edgemont Park
69
5% cheaper
Pellston
73
Median Household Income
Edgemont Park
$62,120
4% higher
Pellston
$59,464

Housing

Median Rent
Edgemont Park
$776
23% cheaper
Pellston
$1,013
Median Home Value
Edgemont Park
$161,800
Pellston
$117,100
28% cheaper
Population
Edgemont Park
2,367
Pellston
834

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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