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Freeland, MI vs Pleasant Ridge, MI

89
Freeland
Michigan
VS
-28.9%
125
Pleasant Ridge
Michigan

There is a significant gap in the cost of living between these two cities. Freeland is 28.9% cheaper than Pleasant Ridge. With a cost index of 89 vs 125, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Freeland to Pleasant Ridge should plan for substantially higher expenses across most categories.

On the housing front, median rent in Freeland is $1,235/month compared to $1,795/month in Pleasant Ridge — a 31% difference. Home values follow the same pattern: Freeland is more affordable at $241,400 median vs $435,500.

Median household income in Freeland is $103,431 compared to $161,058 in Pleasant Ridge (-35.8%). While Pleasant Ridge 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, more than the 13.4% in Pleasant Ridge.

Income & Cost

Cost of Living Index
Freeland
89
29% cheaper
Pleasant Ridge
125
Median Household Income
Freeland
$103,431
Pleasant Ridge
$161,058
36% higher

Housing

Median Rent
Freeland
$1,235
31% cheaper
Pleasant Ridge
$1,795
Median Home Value
Freeland
$241,400
45% cheaper
Pleasant Ridge
$435,500
Population
Freeland
7,562
Pleasant Ridge
2,607

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Freeland $2.88
Pleasant Ridge $3.00
US $3.07
🥚
Eggs (grade A, large)
Freeland $2.35
Pleasant Ridge $2.45
US $2.50
🥛
Milk (whole)
Freeland $3.79
Pleasant Ridge $3.94
US $4.03
🍞
Bread (white)
Freeland $1.74
Pleasant Ridge $1.81
US $1.85
🍗
Chicken breast
Freeland $3.90
Pleasant Ridge $4.06
US $4.14
Electricity
Freeland $0.18
Pleasant Ridge $0.20
US $0.19