Fennville, MI vs New Lothrop, MI

Fennville, MI and New Lothrop, MI have a very similar cost of living, with only a 1.7% difference in their overall index. Fennville scores 67 while New Lothrop scores 69 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 Fennville is $791/month compared to $750/month in New Lothrop — a 6% difference. Interestingly, home values tell a different story: while New Lothrop has cheaper rent, Fennville actually has lower median home values ($128,900 vs $178,100).

Median household income in Fennville is $65,268 compared to $78,500 in New Lothrop (-16.9%). While New Lothrop is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fennville spend roughly 14.5% of their income on rent, more than the 11.5% in New Lothrop.