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Elk Rapids, MI vs Mulliken, MI

93
Elk Rapids
Michigan
VS
+14.1%
81
Mulliken
Michigan

Mulliken is moderately more affordable than Elk Rapids, with a 14.1% lower cost of living index. Elk Rapids scores 93 compared to 81 for Mulliken, where the US average is 100. This difference means residents of Elk Rapids can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elk Rapids is $1,032/month compared to $1,188/month in Mulliken — a 13% difference. Interestingly, home values tell a different story: while Elk Rapids has cheaper rent, Mulliken actually has lower median home values ($154,700 vs $348,400).

Median household income in Elk Rapids is $78,472 compared to $78,654 in Mulliken (-0.2%). Mulliken offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elk Rapids spend roughly 15.8% of their income on rent, less than the 18.1% in Mulliken.

Income & Cost

Cost of Living Index
Elk Rapids
93
Mulliken
81
12% cheaper
Median Household Income
Elk Rapids
$78,472
Mulliken
$78,654

Housing

Median Rent
Elk Rapids
$1,032
13% cheaper
Mulliken
$1,188
Median Home Value
Elk Rapids
$348,400
Mulliken
$154,700
56% cheaper
Population
Elk Rapids
1,558
Mulliken
541

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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