Essexville, MI vs Luna Pier, MI

Luna Pier is moderately more affordable than Essexville, with a 6.7% lower cost of living index. Essexville scores 63 compared to 59 for Luna Pier, where the US average is 100. This difference means residents of Essexville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Essexville is $707/month compared to $397/month in Luna Pier — a 78% difference. Interestingly, home values tell a different story: while Luna Pier has cheaper rent, Essexville actually has lower median home values ($121,200 vs $176,000).

Median household income in Essexville is $76,182 compared to $51,830 in Luna Pier (+47%). While Essexville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Essexville spend roughly 11.1% of their income on rent, more than the 9.2% in Luna Pier.