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Gwinn, MI vs Romeo, MI

61
Gwinn
Michigan
VS
-28%
85
Romeo
Michigan

There is a significant gap in the cost of living between these two cities. Gwinn is 28% cheaper than Romeo. With a cost index of 61 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gwinn to Romeo should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gwinn is $684/month compared to $1,010/month in Romeo — a 32% difference. Home values follow the same pattern: Gwinn is more affordable at $94,000 median vs $245,700.

Median household income in Gwinn is $52,609 compared to $73,500 in Romeo (-28.4%). While Romeo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gwinn spend roughly 15.6% of their income on rent, less than the 16.5% in Romeo.

Income & Cost

Cost of Living Index
Gwinn
61
28% cheaper
Romeo
85
Median Household Income
Gwinn
$52,609
Romeo
$73,500
28% higher

Housing

Median Rent
Gwinn
$684
32% cheaper
Romeo
$1,010
Median Home Value
Gwinn
$94,000
62% cheaper
Romeo
$245,700
Population
Gwinn
1,268
Romeo
3,654

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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