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Manistee, MI vs Wayne, MI

68
Manistee
Michigan
VS
-8%
74
Wayne
Michigan

Manistee is moderately more affordable than Wayne, with a 8% lower cost of living index. Manistee scores 68 compared to 74 for Wayne, where the US average is 100. This difference means residents of Wayne can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Manistee is $771/month compared to $924/month in Wayne — a 17% difference. Interestingly, home values tell a different story: while Manistee has cheaper rent, Wayne actually has lower median home values ($142,200 vs $144,400).

Median household income in Manistee is $59,315 compared to $54,467 in Wayne (+8.9%). Manistee offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Manistee spend roughly 15.6% of their income on rent, less than the 20.4% in Wayne.

Income & Cost

Cost of Living Index
Manistee
68
8% cheaper
Wayne
74
Median Household Income
Manistee
$59,315
8% higher
Wayne
$54,467

Housing

Median Rent
Manistee
$771
17% cheaper
Wayne
$924
Median Home Value
Manistee
$144,400
Wayne
$142,200
2% cheaper
Population
Manistee
6,275
Wayne
17,413

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Manistee
Wayne $3.00
US $3.07
🥚
Eggs (grade A, large)
Manistee
Wayne $2.45
US $2.50
🥛
Milk (whole)
Manistee
Wayne $3.94
US $4.03
🍞
Bread (white)
Manistee
Wayne $1.81
US $1.85
🍗
Chicken breast
Manistee
Wayne $4.06
US $4.14
Electricity
Manistee
Wayne $0.20
US $0.19