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Mancelona, MI vs Thompsonville, MI

71
Mancelona
Michigan
VS
+14%
62
Thompsonville
Michigan

Thompsonville is moderately more affordable than Mancelona, with a 14% lower cost of living index. Mancelona scores 71 compared to 62 for Thompsonville, 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 $731/month in Thompsonville — a 31% difference. Home values follow the same pattern: Thompsonville is more affordable at $100,700 median vs $123,900.

Median household income in Mancelona is $50,430 compared to $62,083 in Thompsonville (-18.8%). Thompsonville 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 14.1% in Thompsonville.

Income & Cost

Cost of Living Index
Mancelona
71
Thompsonville
62
12% cheaper
Median Household Income
Mancelona
$50,430
Thompsonville
$62,083
19% higher

Housing

Median Rent
Mancelona
$956
Thompsonville
$731
24% cheaper
Median Home Value
Mancelona
$123,900
Thompsonville
$100,700
19% cheaper
Population
Mancelona
1,496
Thompsonville
508

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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