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Palo, MI vs Scotts, MI

81
Palo
Michigan
VS
-3.6%
84
Scotts
Michigan

Palo, MI and Scotts, MI have a very similar cost of living, with only a 3.6% difference in their overall index. Palo scores 81 while Scotts scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Palo are $92,600 compared to $132,800 in Scotts, a 30% gap.

Median household income in Palo is $34,403 compared to $87,667 in Scotts (-60.8%). While Scotts is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Palo
81
4% cheaper
Scotts
84
Median Household Income
Palo
$34,403
Scotts
$87,667
61% higher

Housing

Median Rent
Palo
Scotts
Median Home Value
Palo
$92,600
30% cheaper
Scotts
$132,800
Population
Palo
409
Scotts
145

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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