Ferndale, MI vs Freeland, MI

Ferndale, MI and Freeland, MI have a very similar cost of living, with only a 2.8% difference in their overall index. Ferndale scores 91 while Freeland scores 89 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 Ferndale is $1,235/month compared to $1,235/month in Freeland — a 0% difference. Interestingly, home values tell a different story: while Freeland has cheaper rent, Ferndale actually has lower median home values ($233,600 vs $241,400).

Median household income in Ferndale is $91,732 compared to $103,431 in Freeland (-11.3%). Freeland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ferndale spend roughly 16.2% of their income on rent, more than the 14.3% in Freeland.