Frankfort, MI vs Harvey, MI

Frankfort, MI and Harvey, MI have a very similar cost of living, with only a 2.5% difference in their overall index. Frankfort scores 79 while Harvey scores 78 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 Frankfort is $749/month compared to $835/month in Harvey — a 10% difference. Interestingly, home values tell a different story: while Frankfort has cheaper rent, Harvey actually has lower median home values ($235,600 vs $305,600).

Median household income in Frankfort is $51,813 compared to $75,188 in Harvey (-31.1%). Harvey offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Frankfort spend roughly 17.3% of their income on rent, more than the 13.3% in Harvey.