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Gwinn, MI vs Wellston, MI

61
Gwinn
Michigan
VS
61
Wellston
Michigan

Gwinn, MI and Wellston, MI have a very similar cost of living, with only a 0% difference in their overall index. Gwinn scores 61 while Wellston scores 61 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 Gwinn is $684/month compared to $642/month in Wellston — a 7% difference. Interestingly, home values tell a different story: while Wellston has cheaper rent, Gwinn actually has lower median home values ($94,000 vs $109,800).

Median household income in Gwinn is $52,609 compared to $48,125 in Wellston (+9.3%). Gwinn offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gwinn spend roughly 15.6% of their income on rent, less than the 16% in Wellston.

Income & Cost

Cost of Living Index
Gwinn
61
Wellston
61
Median Household Income
Gwinn
$52,609
9% higher
Wellston
$48,125

Housing

Median Rent
Gwinn
$684
Wellston
$642
6% cheaper
Median Home Value
Gwinn
$94,000
14% cheaper
Wellston
$109,800
Population
Gwinn
1,268
Wellston
425

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