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Hillman, MI vs Oakley, MI

61
Hillman
Michigan
VS
+0.4%
60
Oakley
Michigan

Hillman, MI and Oakley, MI have a very similar cost of living, with only a 0.4% difference in their overall index. Hillman scores 61 while Oakley scores 60 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 Hillman is $665/month compared to $745/month in Oakley — a 11% difference. Interestingly, home values tell a different story: while Hillman has cheaper rent, Oakley actually has lower median home values ($80,400 vs $93,200).

Median household income in Hillman is $41,000 compared to $50,417 in Oakley (-18.7%). Oakley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hillman spend roughly 19.5% of their income on rent, more than the 17.7% in Oakley.

Income & Cost

Cost of Living Index
Hillman
61
Oakley
60
Median Household Income
Hillman
$41,000
Oakley
$50,417
19% higher

Housing

Median Rent
Hillman
$665
11% cheaper
Oakley
$745
Median Home Value
Hillman
$93,200
Oakley
$80,400
14% cheaper
Population
Hillman
750
Oakley
255

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hillman
Oakley $2.88
US $3.07
🥚
Eggs (grade A, large)
Hillman
Oakley $2.35
US $2.50
🥛
Milk (whole)
Hillman
Oakley $3.79
US $4.03
🍞
Bread (white)
Hillman
Oakley $1.74
US $1.85
🍗
Chicken breast
Hillman
Oakley $3.90
US $4.14
Electricity
Hillman
Oakley $0.18
US $0.19