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Newberry, MI vs Thompsonville, MI

67
Newberry
Michigan
VS
+7.4%
62
Thompsonville
Michigan

Thompsonville is moderately more affordable than Newberry, with a 7.4% lower cost of living index. Newberry scores 67 compared to 62 for Thompsonville, where the US average is 100. This difference means residents of Newberry can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newberry is $939/month compared to $731/month in Thompsonville — a 29% difference. Interestingly, home values tell a different story: while Thompsonville has cheaper rent, Newberry actually has lower median home values ($65,800 vs $100,700).

Median household income in Newberry is $49,758 compared to $62,083 in Thompsonville (-19.9%). Thompsonville 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 14.1% in Thompsonville.

Income & Cost

Cost of Living Index
Newberry
67
Thompsonville
62
7% cheaper
Median Household Income
Newberry
$49,758
Thompsonville
$62,083
20% higher

Housing

Median Rent
Newberry
$939
Thompsonville
$731
22% cheaper
Median Home Value
Newberry
$65,800
35% cheaper
Thompsonville
$100,700
Population
Newberry
1,453
Thompsonville
508

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newberry
Thompsonville $2.88
US $3.07
🥚
Eggs (grade A, large)
Newberry
Thompsonville $2.35
US $2.50
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Milk (whole)
Newberry
Thompsonville $3.79
US $4.03
🍞
Bread (white)
Newberry
Thompsonville $1.74
US $1.85
🍗
Chicken breast
Newberry
Thompsonville $3.90
US $4.14
Electricity
Newberry
Thompsonville $0.17
US $0.19