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Freeland, MI vs Monroe, MI

89
Freeland
Michigan
VS
+21%
73
Monroe
Michigan

There is a significant gap in the cost of living between these two cities. Monroe is 21% cheaper than Freeland. With a cost index of 73 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monroe to Freeland should plan for substantially higher expenses across most categories.

On the housing front, median rent in Freeland is $1,235/month compared to $898/month in Monroe — a 38% difference. Home values follow the same pattern: Monroe is more affordable at $161,500 median vs $241,400.

Median household income in Freeland is $103,431 compared to $59,532 in Monroe (+73.7%). While Freeland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Freeland spend roughly 14.3% of their income on rent, less than the 18.1% in Monroe.

Income & Cost

Cost of Living Index
Freeland
89
Monroe
73
17% cheaper
Median Household Income
Freeland
$103,431
42% higher
Monroe
$59,532

Housing

Median Rent
Freeland
$1,235
Monroe
$898
27% cheaper
Median Home Value
Freeland
$241,400
Monroe
$161,500
33% cheaper
Population
Freeland
7,562
Monroe
20,330

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Freeland $2.88
Monroe $2.88
US $3.07
🥚
Eggs (grade A, large)
Freeland $2.35
Monroe $2.35
US $2.50
🥛
Milk (whole)
Freeland $3.79
Monroe $3.79
US $4.03
🍞
Bread (white)
Freeland $1.74
Monroe $1.74
US $1.85
🍗
Chicken breast
Freeland $3.90
Monroe $3.90
US $4.14
Electricity
Freeland $0.18
Monroe $0.18
US $0.19