Madison Heights, MI vs New Baltimore, MI

Madison Heights is moderately more affordable than New Baltimore, with a 8.7% lower cost of living index. Madison Heights scores 84 compared to 93 for New Baltimore, where the US average is 100. This difference means residents of New Baltimore can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Madison Heights is $1,138/month compared to $1,081/month in New Baltimore — a 5% difference. Interestingly, home values tell a different story: while New Baltimore has cheaper rent, Madison Heights actually has lower median home values ($190,300 vs $309,800).

Median household income in Madison Heights is $66,726 compared to $97,027 in New Baltimore (-31.2%). While New Baltimore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Madison Heights spend roughly 20.5% of their income on rent, more than the 13.4% in New Baltimore.