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Gladstone, MI vs Wakefield, MI

66
Gladstone
Michigan
VS
+12.4%
59
Wakefield
Michigan

Wakefield is moderately more affordable than Gladstone, with a 12.4% lower cost of living index. Gladstone scores 66 compared to 59 for Wakefield, where the US average is 100. This difference means residents of Gladstone can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gladstone is $793/month compared to $662/month in Wakefield — a 20% difference. Home values follow the same pattern: Wakefield is more affordable at $71,400 median vs $111,700.

Median household income in Gladstone is $57,534 compared to $48,413 in Wakefield (+18.8%). While Gladstone is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gladstone spend roughly 16.5% of their income on rent, more than the 16.4% in Wakefield.

Income & Cost

Cost of Living Index
Gladstone
66
Wakefield
59
11% cheaper
Median Household Income
Gladstone
$57,534
16% higher
Wakefield
$48,413

Housing

Median Rent
Gladstone
$793
Wakefield
$662
17% cheaper
Median Home Value
Gladstone
$111,700
Wakefield
$71,400
36% cheaper
Population
Gladstone
5,240
Wakefield
1,789

Salary Equivalency Calculator

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