Farmington, MI vs South Haven, MI
South Haven is moderately more affordable than Farmington, with a 12.9% lower cost of living index. Farmington scores 96 compared to 85 for South Haven, where the US average is 100. This difference means residents of Farmington can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Farmington is $1,299/month compared to $718/month in South Haven — a 81% difference. Interestingly, home values tell a different story: while South Haven has cheaper rent, Farmington actually has lower median home values ($273,000 vs $372,200).
Median household income in Farmington is $94,115 compared to $64,338 in South Haven (+46.3%). While Farmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 16.6% of their income on rent, more than the 13.4% in South Haven.
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