Edgemont Park, MI vs Ubly, MI

Edgemont Park, MI and Ubly, MI have a very similar cost of living, with only a 3.5% difference in their overall index. Edgemont Park scores 69 while Ubly scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Edgemont Park is $776/month compared to $819/month in Ubly — a 5% difference. Interestingly, home values tell a different story: while Edgemont Park has cheaper rent, Ubly actually has lower median home values ($113,500 vs $161,800).

Median household income in Edgemont Park is $62,120 compared to $56,042 in Ubly (+10.8%). 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, less than the 17.5% in Ubly.