Fraser, MI vs Midland, MI

Fraser, MI and Midland, MI have a very similar cost of living, with only a 2.8% difference in their overall index. Fraser scores 75 while Midland 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 Fraser is $827/month compared to $990/month in Midland — a 17% difference. Interestingly, home values tell a different story: while Fraser has cheaper rent, Midland actually has lower median home values ($192,400 vs $193,600).

Median household income in Fraser is $61,118 compared to $74,906 in Midland (-18.4%). While Midland 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, more than the 15.9% in Midland.