Newberry, MI vs Peck, MI

Newberry, MI and Peck, MI have a very similar cost of living, with only a 0.5% difference in their overall index. Newberry scores 67 while Peck scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Newberry is $939/month compared to $833/month in Peck — a 13% difference. Interestingly, home values tell a different story: while Peck has cheaper rent, Newberry actually has lower median home values ($65,800 vs $101,200).

Median household income in Newberry is $49,758 compared to $52,204 in Peck (-4.7%). Peck offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newberry spend roughly 22.6% of their income on rent, more than the 19.1% in Peck.