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Fraser, MI vs Jackson, MI

75
Fraser
Michigan
VS
+12.8%
67
Jackson
Michigan

Jackson is moderately more affordable than Fraser, with a 12.8% lower cost of living index. Fraser scores 75 compared to 67 for Jackson, where the US average is 100. This difference means residents of Fraser can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fraser is $827/month compared to $874/month in Jackson — a 5% difference. Interestingly, home values tell a different story: while Fraser has cheaper rent, Jackson actually has lower median home values ($94,700 vs $193,600).

Median household income in Fraser is $61,118 compared to $42,848 in Jackson (+42.6%). While Fraser is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fraser spend roughly 16.2% of their income on rent, less than the 24.5% in Jackson.

Income & Cost

Cost of Living Index
Fraser
75
Jackson
67
11% cheaper
Median Household Income
Fraser
$61,118
30% higher
Jackson
$42,848

Housing

Median Rent
Fraser
$827
5% cheaper
Jackson
$874
Median Home Value
Fraser
$193,600
Jackson
$94,700
51% cheaper
Population
Fraser
14,604
Jackson
31,206

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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