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Madison Heights, MI vs Wyoming, MI

84
Madison Heights
Michigan
VS
-0.1%
85
Wyoming
Michigan

Madison Heights, MI and Wyoming, MI have a very similar cost of living, with only a 0.1% difference in their overall index. Madison Heights scores 84 while Wyoming scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Madison Heights is $1,138/month compared to $1,141/month in Wyoming — a 0% difference. Home values follow the same pattern: Madison Heights is more affordable at $190,300 median vs $203,900.

Median household income in Madison Heights is $66,726 compared to $72,163 in Wyoming (-7.5%). While Wyoming 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 19% in Wyoming.

Income & Cost

Cost of Living Index
Madison Heights
84
Wyoming
85
Median Household Income
Madison Heights
$66,726
Wyoming
$72,163
8% higher

Housing

Median Rent
Madison Heights
$1,138
Wyoming
$1,141
Median Home Value
Madison Heights
$190,300
7% cheaper
Wyoming
$203,900
Population
Madison Heights
28,411
Wyoming
76,865

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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