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Mancelona, MI vs Peck, MI

71
Mancelona
Michigan
VS
+6.7%
66
Peck
Michigan

Peck is moderately more affordable than Mancelona, with a 6.7% lower cost of living index. Mancelona scores 71 compared to 66 for Peck, where the US average is 100. This difference means residents of Mancelona can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mancelona is $956/month compared to $833/month in Peck — a 15% difference. Home values follow the same pattern: Peck is more affordable at $101,200 median vs $123,900.

Median household income in Mancelona is $50,430 compared to $52,204 in Peck (-3.4%). Peck offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mancelona spend roughly 22.7% of their income on rent, more than the 19.1% in Peck.

Income & Cost

Cost of Living Index
Mancelona
71
Peck
66
6% cheaper
Median Household Income
Mancelona
$50,430
Peck
$52,204
3% higher

Housing

Median Rent
Mancelona
$956
Peck
$833
13% cheaper
Median Home Value
Mancelona
$123,900
Peck
$101,200
18% cheaper
Population
Mancelona
1,496
Peck
525

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mancelona $2.88
Peck
US $3.07
🥚
Eggs (grade A, large)
Mancelona $2.35
Peck
US $2.50
🥛
Milk (whole)
Mancelona $3.79
Peck
US $4.03
🍞
Bread (white)
Mancelona $1.74
Peck
US $1.85
🍗
Chicken breast
Mancelona $3.90
Peck
US $4.14
Electricity
Mancelona $0.17
Peck
US $0.19