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Millburg, MI vs Reese, MI

79
Millburg
Michigan
VS
+8%
73
Reese
Michigan

Reese is moderately more affordable than Millburg, with a 8% lower cost of living index. Millburg scores 79 compared to 73 for Reese, where the US average is 100. This difference means residents of Millburg 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 $909/month in Reese — a 43% difference. Interestingly, home values tell a different story: while Reese has cheaper rent, Millburg actually has lower median home values ($100,800 vs $174,600).

Median household income in Millburg is $62,708 compared to $83,125 in Reese (-24.6%). Reese offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Millburg spend roughly 24.8% of their income on rent, more than the 13.1% in Reese.

Income & Cost

Cost of Living Index
Millburg
79
Reese
73
7% cheaper
Median Household Income
Millburg
$62,708
Reese
$83,125
25% higher

Housing

Median Rent
Millburg
$1,297
Reese
$909
30% cheaper
Median Home Value
Millburg
$100,800
42% cheaper
Reese
$174,600
Population
Millburg
437
Reese
1,303

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Millburg $2.88
Reese $2.88
US $3.07
🥚
Eggs (grade A, large)
Millburg $2.35
Reese $2.35
US $2.50
🥛
Milk (whole)
Millburg $3.79
Reese $3.79
US $4.03
🍞
Bread (white)
Millburg $1.74
Reese $1.74
US $1.85
🍗
Chicken breast
Millburg $3.90
Reese $3.90
US $4.14
Electricity
Millburg $0.18
Reese $0.18
US $0.19