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Madison Heights, MI vs Niles, MI

84
Madison Heights
Michigan
VS
+25.7%
67
Niles
Michigan

There is a significant gap in the cost of living between these two cities. Niles is 25.7% cheaper than Madison Heights. With a cost index of 67 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Niles to Madison Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Madison Heights is $1,138/month compared to $869/month in Niles — a 31% difference. Home values follow the same pattern: Niles is more affordable at $115,400 median vs $190,300.

Median household income in Madison Heights is $66,726 compared to $47,815 in Niles (+39.6%). While Madison Heights 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, less than the 21.8% in Niles.

Income & Cost

Cost of Living Index
Madison Heights
84
Niles
67
20% cheaper
Median Household Income
Madison Heights
$66,726
28% higher
Niles
$47,815

Housing

Median Rent
Madison Heights
$1,138
Niles
$869
24% cheaper
Median Home Value
Madison Heights
$190,300
Niles
$115,400
39% cheaper
Population
Madison Heights
28,411
Niles
11,838

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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