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Falmouth, MI vs South Boardman, MI

69
Falmouth
Michigan
VS
-6.7%
74
South Boardman
Michigan

Falmouth is moderately more affordable than South Boardman, with a 6.7% lower cost of living index. Falmouth scores 69 compared to 74 for South Boardman, where the US average is 100. This difference means residents of South Boardman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Falmouth is $850/month compared to $892/month in South Boardman — a 5% difference. Home values follow the same pattern: Falmouth is more affordable at $124,000 median vs $182,700.

Median household income in Falmouth is $26,058 compared to $80,781 in South Boardman (-67.7%). While South Boardman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Falmouth spend roughly 39.1% of their income on rent, more than the 13.3% in South Boardman. The South Boardman ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Falmouth
69
7% cheaper
South Boardman
74
Median Household Income
Falmouth
$26,058
South Boardman
$80,781
68% higher

Housing

Median Rent
Falmouth
$850
5% cheaper
South Boardman
$892
Median Home Value
Falmouth
$124,000
32% cheaper
South Boardman
$182,700
Population
Falmouth
189
South Boardman
521

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Falmouth
South Boardman $2.88
US $3.07
🥚
Eggs (grade A, large)
Falmouth
South Boardman $2.35
US $2.50
🥛
Milk (whole)
Falmouth
South Boardman $3.79
US $4.03
🍞
Bread (white)
Falmouth
South Boardman $1.74
US $1.85
🍗
Chicken breast
Falmouth
South Boardman $3.90
US $4.14
Electricity
Falmouth
South Boardman $0.17
US $0.19