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Imlay City, MI vs Reese, MI

69
Imlay City
Michigan
VS
-5.9%
73
Reese
Michigan

Imlay City is moderately more affordable than Reese, with a 5.9% lower cost of living index. Imlay City scores 69 compared to 73 for Reese, where the US average is 100. This difference means residents of Reese can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Imlay City is $764/month compared to $909/month in Reese — a 16% difference. Home values follow the same pattern: Imlay City is more affordable at $137,800 median vs $174,600.

Median household income in Imlay City is $55,061 compared to $83,125 in Reese (-33.8%). While Reese is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Imlay City spend roughly 16.7% of their income on rent, more than the 13.1% in Reese.

Income & Cost

Cost of Living Index
Imlay City
69
6% cheaper
Reese
73
Median Household Income
Imlay City
$55,061
Reese
$83,125
34% higher

Housing

Median Rent
Imlay City
$764
16% cheaper
Reese
$909
Median Home Value
Imlay City
$137,800
21% cheaper
Reese
$174,600
Population
Imlay City
3,706
Reese
1,303

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Imlay City $3.00
Reese $2.88
US $3.07
🥚
Eggs (grade A, large)
Imlay City $2.45
Reese $2.35
US $2.50
🥛
Milk (whole)
Imlay City $3.94
Reese $3.79
US $4.03
🍞
Bread (white)
Imlay City $1.81
Reese $1.74
US $1.85
🍗
Chicken breast
Imlay City $4.06
Reese $3.90
US $4.14
Electricity
Imlay City $0.20
Reese $0.18
US $0.19