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Homer, MI vs Negaunee, MI

63
Homer
Michigan
VS
-12%
72
Negaunee
Michigan

Homer is moderately more affordable than Negaunee, with a 12% lower cost of living index. Homer scores 63 compared to 72 for Negaunee, where the US average is 100. This difference means residents of Negaunee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Homer is $734/month compared to $853/month in Negaunee — a 14% difference. Home values follow the same pattern: Homer is more affordable at $119,600 median vs $156,400.

Median household income in Homer is $49,271 compared to $70,483 in Negaunee (-30.1%). While Negaunee is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Homer spend roughly 17.9% of their income on rent, more than the 14.5% in Negaunee.

Income & Cost

Cost of Living Index
Homer
63
12% cheaper
Negaunee
72
Median Household Income
Homer
$49,271
Negaunee
$70,483
30% higher

Housing

Median Rent
Homer
$734
14% cheaper
Negaunee
$853
Median Home Value
Homer
$119,600
24% cheaper
Negaunee
$156,400
Population
Homer
1,584
Negaunee
4,641

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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