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Gaines, MI vs Newberry, MI

65
Gaines
Michigan
VS
-3.3%
67
Newberry
Michigan

Gaines, MI and Newberry, MI have a very similar cost of living, with only a 3.3% difference in their overall index. Gaines scores 65 while Newberry scores 67 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 Gaines is $734/month compared to $939/month in Newberry — a 22% difference. Interestingly, home values tell a different story: while Gaines has cheaper rent, Newberry actually has lower median home values ($65,800 vs $131,900).

Median household income in Gaines is $57,500 compared to $49,758 in Newberry (+15.6%). Gaines offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gaines spend roughly 15.3% of their income on rent, less than the 22.6% in Newberry.

Income & Cost

Cost of Living Index
Gaines
65
3% cheaper
Newberry
67
Median Household Income
Gaines
$57,500
13% higher
Newberry
$49,758

Housing

Median Rent
Gaines
$734
22% cheaper
Newberry
$939
Median Home Value
Gaines
$131,900
Newberry
$65,800
50% cheaper
Population
Gaines
487
Newberry
1,453

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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