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New Buffalo, MI vs Vicksburg, MI

85
New Buffalo
Michigan
VS
+8.7%
78
Vicksburg
Michigan

Vicksburg is moderately more affordable than New Buffalo, with a 8.7% lower cost of living index. New Buffalo scores 85 compared to 78 for Vicksburg, 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 New Buffalo is $825/month compared to $914/month in Vicksburg — a 10% difference. Interestingly, home values tell a different story: while New Buffalo has cheaper rent, Vicksburg actually has lower median home values ($208,300 vs $342,700).

Median household income in New Buffalo is $64,524 compared to $70,070 in Vicksburg (-7.9%). Vicksburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Buffalo spend roughly 15.3% of their income on rent, less than the 15.7% in Vicksburg.

Income & Cost

Cost of Living Index
New Buffalo
85
Vicksburg
78
8% cheaper
Median Household Income
New Buffalo
$64,524
Vicksburg
$70,070
8% higher

Housing

Median Rent
New Buffalo
$825
10% cheaper
Vicksburg
$914
Median Home Value
New Buffalo
$342,700
Vicksburg
$208,300
39% cheaper
Population
New Buffalo
1,306
Vicksburg
3,824

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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