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Milford, MI vs Spring Arbor, MI

95
Milford
Michigan
VS
+23.3%
77
Spring Arbor
Michigan

There is a significant gap in the cost of living between these two cities. Spring Arbor is 23.3% cheaper than Milford. With a cost index of 77 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Spring Arbor to Milford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milford is $1,058/month compared to $895/month in Spring Arbor — a 18% difference. Home values follow the same pattern: Spring Arbor is more affordable at $213,100 median vs $348,600.

Median household income in Milford is $102,521 compared to $77,721 in Spring Arbor (+31.9%). While Milford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Milford spend roughly 12.4% of their income on rent, less than the 13.8% in Spring Arbor.

Income & Cost

Cost of Living Index
Milford
95
Spring Arbor
77
19% cheaper
Median Household Income
Milford
$102,521
24% higher
Spring Arbor
$77,721

Housing

Median Rent
Milford
$1,058
Spring Arbor
$895
15% cheaper
Median Home Value
Milford
$348,600
Spring Arbor
$213,100
39% cheaper
Population
Milford
6,467
Spring Arbor
2,385

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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