Hazel Park, MI vs Holland, MI

Hazel Park, MI and Holland, MI have a very similar cost of living, with only a 4.9% difference in their overall index. Hazel Park scores 83 while Holland scores 87 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 Hazel Park is $1,221/month compared to $1,143/month in Holland — a 7% difference. Interestingly, home values tell a different story: while Holland has cheaper rent, Hazel Park actually has lower median home values ($141,200 vs $235,800).

Median household income in Hazel Park is $62,878 compared to $72,905 in Holland (-13.8%). While Holland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hazel Park spend roughly 23.3% of their income on rent, more than the 18.8% in Holland.