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Fairgrove, MI vs Litchfield, MI

62
Fairgrove
Michigan
VS
-1.6%
63
Litchfield
Michigan

Fairgrove, MI and Litchfield, MI have a very similar cost of living, with only a 1.6% difference in their overall index. Fairgrove scores 62 while Litchfield scores 63 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 Fairgrove is $755/month compared to $706/month in Litchfield — a 7% difference. Interestingly, home values tell a different story: while Litchfield has cheaper rent, Fairgrove actually has lower median home values ($75,600 vs $110,400).

Median household income in Fairgrove is $37,500 compared to $47,500 in Litchfield (-21.1%). While Litchfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairgrove spend roughly 24.2% of their income on rent, more than the 17.8% in Litchfield.

Income & Cost

Cost of Living Index
Fairgrove
62
2% cheaper
Litchfield
63
Median Household Income
Fairgrove
$37,500
Litchfield
$47,500
21% higher

Housing

Median Rent
Fairgrove
$755
Litchfield
$706
6% cheaper
Median Home Value
Fairgrove
$75,600
32% cheaper
Litchfield
$110,400
Population
Fairgrove
492
Litchfield
1,391

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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