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Oakley, MI vs Oscoda, MI

60
Oakley
Michigan
VS
-23.3%
79
Oscoda
Michigan

There is a significant gap in the cost of living between these two cities. Oakley is 23.3% cheaper than Oscoda. With a cost index of 60 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakley to Oscoda should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Oakley are $80,400 compared to $71,800 in Oscoda, a 12% gap.

Median household income in Oakley is $50,417 compared to $37,188 in Oscoda (+35.6%). Oakley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Oakley
60
23% cheaper
Oscoda
79
Median Household Income
Oakley
$50,417
26% higher
Oscoda
$37,188

Housing

Median Rent
Oakley
$745
Oscoda
Median Home Value
Oakley
$80,400
Oscoda
$71,800
11% cheaper
Population
Oakley
255
Oscoda
757

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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