Edgemont Park, MI vs Pellston, MI
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.
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