New Haven, MI vs Wayne, MI

There is a significant gap in the cost of living between these two cities. Wayne is 22.7% cheaper than New Haven. With a cost index of 74 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wayne to New Haven should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Haven is $1,301/month compared to $924/month in Wayne — a 41% difference. Home values follow the same pattern: Wayne is more affordable at $142,200 median vs $207,600.

Median household income in New Haven is $68,203 compared to $54,467 in Wayne (+25.2%). While New Haven 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 Haven spend roughly 22.9% of their income on rent, more than the 20.4% in Wayne.