Frankenmuth, MI vs Fraser, MI

Frankenmuth, MI and Fraser, MI have a very similar cost of living, with only a 4.5% difference in their overall index. Frankenmuth scores 79 while Fraser scores 75 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 Frankenmuth is $814/month compared to $827/month in Fraser — a 2% difference. Interestingly, home values tell a different story: while Frankenmuth has cheaper rent, Fraser actually has lower median home values ($193,600 vs $277,600).

Median household income in Frankenmuth is $84,583 compared to $61,118 in Fraser (+38.4%). While Frankenmuth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frankenmuth spend roughly 11.5% of their income on rent, less than the 16.2% in Fraser.