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Newberry, MI vs Woodland, MI

67
Newberry
Michigan
VS
+15.7%
58
Woodland
Michigan

There is a significant gap in the cost of living between these two cities. Woodland is 15.7% cheaper than Newberry. With a cost index of 58 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Woodland to Newberry should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newberry is $939/month compared to $417/month in Woodland — a 125% difference. Interestingly, home values tell a different story: while Woodland has cheaper rent, Newberry actually has lower median home values ($65,800 vs $143,800).

Median household income in Newberry is $49,758 compared to $47,500 in Woodland (+4.8%). Newberry does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Newberry spend roughly 22.6% of their income on rent, more than the 10.5% in Woodland.

Income & Cost

Cost of Living Index
Newberry
67
Woodland
58
14% cheaper
Median Household Income
Newberry
$49,758
5% higher
Woodland
$47,500

Housing

Median Rent
Newberry
$939
Woodland
$417
56% cheaper
Median Home Value
Newberry
$65,800
54% cheaper
Woodland
$143,800
Population
Newberry
1,453
Woodland
485

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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