Millburg, MI vs New Buffalo, MI

Millburg is moderately more affordable than New Buffalo, with a 6.5% lower cost of living index. Millburg scores 79 compared to 85 for New Buffalo, where the US average is 100. This difference means residents of New Buffalo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Millburg is $1,297/month compared to $825/month in New Buffalo — a 57% difference. Interestingly, home values tell a different story: while New Buffalo has cheaper rent, Millburg actually has lower median home values ($100,800 vs $342,700).

Median household income in Millburg is $62,708 compared to $64,524 in New Buffalo (-2.8%). New Buffalo does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Millburg spend roughly 24.8% of their income on rent, more than the 15.3% in New Buffalo.