Newaygo, MI vs St. Louis, MI

St. Louis is moderately more affordable than Newaygo, with a 9.4% lower cost of living index. Newaygo scores 74 compared to 67 for St. Louis, where the US average is 100. This difference means residents of Newaygo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newaygo is $1,058/month compared to $865/month in St. Louis — a 22% difference. Interestingly, home values tell a different story: while St. Louis has cheaper rent, Newaygo actually has lower median home values ($102,900 vs $115,700).

Median household income in Newaygo is $41,934 compared to $46,096 in St. Louis (-9%). St. Louis offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newaygo spend roughly 30.3% of their income on rent, more than the 22.5% in St. Louis. The St. Louis ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.