Fraser, MI vs Muskegon, MI

Muskegon is moderately more affordable than Fraser, with a 7.3% lower cost of living index. Fraser scores 75 compared to 70 for Muskegon, 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 $927/month in Muskegon — a 11% difference. Interestingly, home values tell a different story: while Fraser has cheaper rent, Muskegon actually has lower median home values ($121,800 vs $193,600).

Median household income in Fraser is $61,118 compared to $46,342 in Muskegon (+31.9%). 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% in Muskegon.