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Ida, MI vs Rapid River, MI

90
Ida
Michigan
VS
+10.2%
82
Rapid River
Michigan

Rapid River is moderately more affordable than Ida, with a 10.2% lower cost of living index. Ida scores 90 compared to 82 for Rapid River, where the US average is 100. This difference means residents of Ida can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Ida are $209,700 compared to $105,600 in Rapid River, a 99% gap.

Median household income in Ida is $122,885 compared to $39,375 in Rapid River (+212.1%). While Ida is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Ida
90
Rapid River
82
9% cheaper
Median Household Income
Ida
$122,885
68% higher
Rapid River
$39,375

Housing

Median Rent
Ida
Rapid River
Median Home Value
Ida
$209,700
Rapid River
$105,600
50% cheaper
Population
Ida
661
Rapid River
230

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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