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Parchment, MI vs Swartz Creek, MI

79
Parchment
Michigan
VS
+4.2%
75
Swartz Creek
Michigan

Parchment, MI and Swartz Creek, MI have a very similar cost of living, with only a 4.2% difference in their overall index. Parchment scores 79 while Swartz Creek scores 75 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.

On the housing front, median rent in Parchment is $1,024/month compared to $995/month in Swartz Creek — a 3% difference. Home values follow the same pattern: Swartz Creek is more affordable at $168,900 median vs $178,400.

Median household income in Parchment is $54,572 compared to $73,862 in Swartz Creek (-26.1%). Swartz Creek offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Parchment spend roughly 22.5% of their income on rent, more than the 16.2% in Swartz Creek.

Income & Cost

Cost of Living Index
Parchment
79
Swartz Creek
75
4% cheaper
Median Household Income
Parchment
$54,572
Swartz Creek
$73,862
26% higher

Housing

Median Rent
Parchment
$1,024
Swartz Creek
$995
3% cheaper
Median Home Value
Parchment
$178,400
Swartz Creek
$168,900
5% cheaper
Population
Parchment
2,012
Swartz Creek
5,856

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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