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Reese, MI vs Romeo, MI

73
Reese
Michigan
VS
-14.1%
85
Romeo
Michigan

Reese is moderately more affordable than Romeo, with a 14.1% lower cost of living index. Reese scores 73 compared to 85 for Romeo, where the US average is 100. This difference means residents of Romeo can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Reese is $909/month compared to $1,010/month in Romeo — a 10% difference. Home values follow the same pattern: Reese is more affordable at $174,600 median vs $245,700.

Median household income in Reese is $83,125 compared to $73,500 in Romeo (+13.1%). Reese offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Reese spend roughly 13.1% of their income on rent, less than the 16.5% in Romeo.

Income & Cost

Cost of Living Index
Reese
73
14% cheaper
Romeo
85
Median Household Income
Reese
$83,125
12% higher
Romeo
$73,500

Housing

Median Rent
Reese
$909
10% cheaper
Romeo
$1,010
Median Home Value
Reese
$174,600
29% cheaper
Romeo
$245,700
Population
Reese
1,303
Romeo
3,654

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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