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Luna Pier, MI vs Rockwood, MI

59
Luna Pier
Michigan
VS
-24.7%
78
Rockwood
Michigan

There is a significant gap in the cost of living between these two cities. Luna Pier is 24.7% cheaper than Rockwood. With a cost index of 59 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Luna Pier to Rockwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Luna Pier is $397/month compared to $968/month in Rockwood — a 59% difference. Home values follow the same pattern: Luna Pier is more affordable at $176,000 median vs $180,000.

Median household income in Luna Pier is $51,830 compared to $85,391 in Rockwood (-39.3%). While Rockwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Luna Pier spend roughly 9.2% of their income on rent, less than the 13.6% in Rockwood.

Income & Cost

Cost of Living Index
Luna Pier
59
25% cheaper
Rockwood
78
Median Household Income
Luna Pier
$51,830
Rockwood
$85,391
39% higher

Housing

Median Rent
Luna Pier
$397
59% cheaper
Rockwood
$968
Median Home Value
Luna Pier
$176,000
2% cheaper
Rockwood
$180,000
Population
Luna Pier
1,204
Rockwood
3,189

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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