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Okemos, MI vs Westwood, MI

98
Okemos
Michigan
VS
+16.2%
84
Westwood
Michigan

There is a significant gap in the cost of living between these two cities. Westwood is 16.2% cheaper than Okemos. With a cost index of 84 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Westwood 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 $1,192/month in Westwood — a 5% difference. Home values follow the same pattern: Westwood is more affordable at $187,300 median vs $336,800.

Median household income in Okemos is $97,603 compared to $62,408 in Westwood (+56.4%). 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 22.9% in Westwood.

Income & Cost

Cost of Living Index
Okemos
98
Westwood
84
14% cheaper
Median Household Income
Okemos
$97,603
36% higher
Westwood
$62,408

Housing

Median Rent
Okemos
$1,250
Westwood
$1,192
5% cheaper
Median Home Value
Okemos
$336,800
Westwood
$187,300
44% cheaper
Population
Okemos
25,503
Westwood
8,968

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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