New Baltimore, MI vs Wayland, MI

Wayland is moderately more affordable than New Baltimore, with a 12% lower cost of living index. New Baltimore scores 93 compared to 83 for Wayland, where the US average is 100. This difference means residents of New Baltimore can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Baltimore is $1,081/month compared to $1,085/month in Wayland — a 0% difference. Interestingly, home values tell a different story: while New Baltimore has cheaper rent, Wayland actually has lower median home values ($201,200 vs $309,800).

Median household income in New Baltimore is $97,027 compared to $71,797 in Wayland (+35.1%). While New Baltimore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Baltimore spend roughly 13.4% of their income on rent, less than the 18.1% in Wayland.