Mio, MI vs Peck, MI

Mio is moderately more affordable than Peck, with a 13.7% lower cost of living index. Mio scores 57 compared to 66 for Peck, where the US average is 100. This difference means residents of Peck can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mio is $545/month compared to $833/month in Peck — a 35% difference. Home values follow the same pattern: Mio is more affordable at $96,600 median vs $101,200.

Median household income in Mio is $47,578 compared to $52,204 in Peck (-8.9%). The higher salaries in Peck partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Mio spend roughly 13.7% of their income on rent, less than the 19.1% in Peck.