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Elsie, MI vs Ithaca, MI

62
Elsie
Michigan
VS
-7.7%
68
Ithaca
Michigan

Elsie is moderately more affordable than Ithaca, with a 7.7% lower cost of living index. Elsie scores 62 compared to 68 for Ithaca, where the US average is 100. This difference means residents of Ithaca can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elsie is $692/month compared to $802/month in Ithaca — a 14% difference. Home values follow the same pattern: Elsie is more affordable at $107,600 median vs $126,600.

Median household income in Elsie is $55,000 compared to $62,375 in Ithaca (-11.8%). While Ithaca is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elsie spend roughly 15.1% of their income on rent, less than the 15.4% in Ithaca.

Income & Cost

Cost of Living Index
Elsie
62
8% cheaper
Ithaca
68
Median Household Income
Elsie
$55,000
Ithaca
$62,375
12% higher

Housing

Median Rent
Elsie
$692
14% cheaper
Ithaca
$802
Median Home Value
Elsie
$107,600
15% cheaper
Ithaca
$126,600
Population
Elsie
951
Ithaca
2,831

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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