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Okemos, MI vs Taylor, MI

98
Okemos
Michigan
VS
+26.8%
77
Taylor
Michigan

There is a significant gap in the cost of living between these two cities. Taylor is 26.8% cheaper than Okemos. With a cost index of 77 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taylor to Okemos should plan for substantially higher expenses across most categories.

On the housing front, median rent in Okemos is $1,250/month compared to $1,036/month in Taylor — a 21% difference. Home values follow the same pattern: Taylor is more affordable at $141,200 median vs $336,800.

Median household income in Okemos is $97,603 compared to $59,537 in Taylor (+63.9%). 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 20.9% in Taylor.

Income & Cost

Cost of Living Index
Okemos
98
Taylor
77
21% cheaper
Median Household Income
Okemos
$97,603
39% higher
Taylor
$59,537

Housing

Median Rent
Okemos
$1,250
Taylor
$1,036
17% cheaper
Median Home Value
Okemos
$336,800
Taylor
$141,200
58% cheaper
Population
Okemos
25,503
Taylor
62,405

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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