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Ontonagon, MI vs Romeo, MI

57
Ontonagon
Michigan
VS
-32.7%
85
Romeo
Michigan

The cost of living difference between Ontonagon, MI and Romeo, MI is dramatic. Ontonagon is 32.7% cheaper than Romeo, a gap that translates to thousands of dollars per year in household expenses. Ontonagon has a cost index of 57 while Romeo sits at 85, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Ontonagon is $557/month compared to $1,010/month in Romeo — a 45% difference. Home values follow the same pattern: Ontonagon is more affordable at $92,100 median vs $245,700.

Median household income in Ontonagon is $46,806 compared to $73,500 in Romeo (-36.3%). While Romeo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ontonagon spend roughly 14.3% of their income on rent, less than the 16.5% in Romeo.

Income & Cost

Cost of Living Index
Ontonagon
57
33% cheaper
Romeo
85
Median Household Income
Ontonagon
$46,806
Romeo
$73,500
36% higher

Housing

Median Rent
Ontonagon
$557
45% cheaper
Romeo
$1,010
Median Home Value
Ontonagon
$92,100
63% cheaper
Romeo
$245,700
Population
Ontonagon
1,266
Romeo
3,654

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ontonagon
Romeo $3.00
US $3.07
🥚
Eggs (grade A, large)
Ontonagon
Romeo $2.45
US $2.50
🥛
Milk (whole)
Ontonagon
Romeo $3.94
US $4.03
🍞
Bread (white)
Ontonagon
Romeo $1.81
US $1.85
🍗
Chicken breast
Ontonagon
Romeo $4.06
US $4.14
Electricity
Ontonagon
Romeo $0.20
US $0.19