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Gibraltar, MI vs Woodhaven, MI

93
Gibraltar
Michigan
VS
+11.2%
83
Woodhaven
Michigan

Woodhaven is moderately more affordable than Gibraltar, with a 11.2% lower cost of living index. Gibraltar scores 93 compared to 83 for Woodhaven, where the US average is 100. This difference means residents of Gibraltar can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gibraltar is $1,346/month compared to $1,015/month in Woodhaven — a 33% difference. Interestingly, home values tell a different story: while Woodhaven has cheaper rent, Gibraltar actually has lower median home values ($212,300 vs $221,200).

Median household income in Gibraltar is $88,682 compared to $83,291 in Woodhaven (+6.5%). The higher salaries in Gibraltar partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Gibraltar spend roughly 18.2% of their income on rent, more than the 14.6% in Woodhaven.

Income & Cost

Cost of Living Index
Gibraltar
93
Woodhaven
83
10% cheaper
Median Household Income
Gibraltar
$88,682
6% higher
Woodhaven
$83,291

Housing

Median Rent
Gibraltar
$1,346
Woodhaven
$1,015
25% cheaper
Median Home Value
Gibraltar
$212,300
4% cheaper
Woodhaven
$221,200
Population
Gibraltar
4,937
Woodhaven
12,761

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gibraltar $3.00
Woodhaven $3.00
US $3.07
🥚
Eggs (grade A, large)
Gibraltar $2.45
Woodhaven $2.45
US $2.50
🥛
Milk (whole)
Gibraltar $3.94
Woodhaven $3.94
US $4.03
🍞
Bread (white)
Gibraltar $1.81
Woodhaven $1.81
US $1.85
🍗
Chicken breast
Gibraltar $4.06
Woodhaven $4.06
US $4.14
Electricity
Gibraltar $0.20
Woodhaven $0.20
US $0.19