Gladstone, MI vs Hazel Park, MI
There is a significant gap in the cost of living between these two cities. Gladstone is 20.4% cheaper than Hazel Park. With a cost index of 66 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gladstone to Hazel Park should plan for substantially higher expenses across most categories.
On the housing front, median rent in Gladstone is $793/month compared to $1,221/month in Hazel Park — a 35% difference. Home values follow the same pattern: Gladstone is more affordable at $111,700 median vs $141,200.
Median household income in Gladstone is $57,534 compared to $62,878 in Hazel Park (-8.5%). Hazel Park does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Gladstone spend roughly 16.5% of their income on rent, less than the 23.3% in Hazel Park.
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