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Elsie, MI vs Gaastra, MI

62
Elsie
Michigan
VS
-19.9%
78
Gaastra
Michigan

There is a significant gap in the cost of living between these two cities. Elsie is 19.9% cheaper than Gaastra. With a cost index of 62 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elsie to Gaastra should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Elsie are $107,600 compared to $61,000 in Gaastra, a 76% gap.

Median household income in Elsie is $55,000 compared to $57,500 in Gaastra (-4.3%). Gaastra does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Elsie
62
20% cheaper
Gaastra
78
Median Household Income
Elsie
$55,000
Gaastra
$57,500
4% higher

Housing

Median Rent
Elsie
$692
Gaastra
Median Home Value
Elsie
$107,600
Gaastra
$61,000
43% cheaper
Population
Elsie
951
Gaastra
324

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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