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Ionia, MI vs Oak Park, MI

70
Ionia
Michigan
VS
-23.2%
92
Oak Park
Michigan

There is a significant gap in the cost of living between these two cities. Ionia is 23.2% cheaper than Oak Park. With a cost index of 70 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ionia to Oak Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ionia is $789/month compared to $1,354/month in Oak Park — a 42% difference. Home values follow the same pattern: Ionia is more affordable at $161,100 median vs $198,500.

Median household income in Ionia is $60,729 compared to $65,882 in Oak Park (-7.8%). Oak Park does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Ionia spend roughly 15.6% of their income on rent, less than the 24.7% in Oak Park.

Income & Cost

Cost of Living Index
Ionia
70
23% cheaper
Oak Park
92
Median Household Income
Ionia
$60,729
Oak Park
$65,882
8% higher

Housing

Median Rent
Ionia
$789
42% cheaper
Oak Park
$1,354
Median Home Value
Ionia
$161,100
19% cheaper
Oak Park
$198,500
Population
Ionia
12,950
Oak Park
29,370

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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