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Fenton, MI vs Wayland, MI

92
Fenton
Michigan
VS
+11.1%
83
Wayland
Michigan

Wayland is moderately more affordable than Fenton, with a 11.1% lower cost of living index. Fenton scores 92 compared to 83 for Wayland, where the US average is 100. This difference means residents of Fenton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fenton is $1,323/month compared to $1,085/month in Wayland — a 22% difference. Home values follow the same pattern: Wayland is more affordable at $201,200 median vs $211,700.

Median household income in Fenton is $83,077 compared to $71,797 in Wayland (+15.7%). While Fenton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fenton spend roughly 19.1% of their income on rent, more than the 18.1% in Wayland.

Income & Cost

Cost of Living Index
Fenton
92
Wayland
83
10% cheaper
Median Household Income
Fenton
$83,077
14% higher
Wayland
$71,797

Housing

Median Rent
Fenton
$1,323
Wayland
$1,085
18% cheaper
Median Home Value
Fenton
$211,700
Wayland
$201,200
5% cheaper
Population
Fenton
11,950
Wayland
4,430

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fenton $3.00
Wayland $2.88
US $3.07
🥚
Eggs (grade A, large)
Fenton $2.45
Wayland $2.35
US $2.50
🥛
Milk (whole)
Fenton $3.94
Wayland $3.79
US $4.03
🍞
Bread (white)
Fenton $1.81
Wayland $1.74
US $1.85
🍗
Chicken breast
Fenton $4.06
Wayland $3.90
US $4.14
Electricity
Fenton $0.20
Wayland $0.18
US $0.19