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Okemos, MI vs Southfield, MI

98
Okemos
Michigan
VS
+6.1%
92
Southfield
Michigan

Southfield is moderately more affordable than Okemos, with a 6.1% lower cost of living index. Okemos scores 98 compared to 92 for Southfield, where the US average is 100. This difference means residents of Okemos can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Okemos is $1,250/month compared to $1,301/month in Southfield — a 4% difference. Interestingly, home values tell a different story: while Okemos has cheaper rent, Southfield actually has lower median home values ($226,900 vs $336,800).

Median household income in Okemos is $97,603 compared to $65,848 in Southfield (+48.2%). While Okemos is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Okemos spend roughly 15.4% of their income on rent, less than the 23.7% in Southfield.

Income & Cost

Cost of Living Index
Okemos
98
Southfield
92
6% cheaper
Median Household Income
Okemos
$97,603
33% higher
Southfield
$65,848

Housing

Median Rent
Okemos
$1,250
4% cheaper
Southfield
$1,301
Median Home Value
Okemos
$336,800
Southfield
$226,900
33% cheaper
Population
Okemos
25,503
Southfield
76,025

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Okemos $2.88
Southfield $3.00
US $3.07
🥚
Eggs (grade A, large)
Okemos $2.35
Southfield $2.45
US $2.50
🥛
Milk (whole)
Okemos $3.79
Southfield $3.94
US $4.03
🍞
Bread (white)
Okemos $1.74
Southfield $1.81
US $1.85
🍗
Chicken breast
Okemos $3.90
Southfield $4.06
US $4.14
Electricity
Okemos $0.18
Southfield $0.20
US $0.19