Holly, MI vs Parchment, MI

Holly, MI and Parchment, MI have a very similar cost of living, with only a 0.5% difference in their overall index. Holly scores 78 while Parchment scores 79 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 Holly is $974/month compared to $1,024/month in Parchment — a 5% difference. Home values follow the same pattern: Holly is more affordable at $174,900 median vs $178,400.

Median household income in Holly is $61,221 compared to $54,572 in Parchment (+12.2%). Holly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Holly spend roughly 19.1% of their income on rent, less than the 22.5% in Parchment.